Trading_hawk

IRCTC TRADE SETUP 30-07-2021 || looks bullish now

Long
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
NSE:IRCTC

Today it break the trendline, also gave breakout of short term rounding bottom pattern and also tested the long time support zone and closed above it.
This rounding bottom was also made at bottom level of Fibonacci. And that level also gave good support.

Once can enter at CMP for positional trade.

For intraday it better to go long above 2325. My personal view is very bullish on IRCTC now.

Hope my ideas are helping you to understand levels, price action and taking the trade from the right level.

Do comment if you have any suggestion or doubts, I will try to response as soon as possible.