After a strong upmove with a bullish engulfing candle on 21st June, IRCTC pulled back to 50% of its upmove (1), and has today turned bullish with 4 MA making a definitive cross above 9 MA, signalling start of a fresh upmove. I will look for a target of 2220 in the coming few sessions. I will keep a SL below 2050 on a closing basis.
Trade closed: target reached
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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.