vyas1394

IRCTC getting ready for a ballistic move upside

NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
IRCTC
Irctc is getting ready for a ballistic move upside.
flag and pole breakout in 1 hr chart and again forming flag and pole in smaller time frame.
stock currently at a good value area. if it moves above 2115 after a gap up open I will add for positional trade with SL at 2071
Stock has the potential to go till 2300 in the short term.
2182 will be the target 1
observe HH HL formation in 5min chart after the gap up open.
If it does not open gap up the plan will be updated as per price action
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.