Piyush-Gupta

IRCTC, READY TO FIRE ALL CYLINDER POST 1415 (CHART# 360)

Long
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
1440 views
59
IRCTC has seen 150+ days of consolidation in close range and has given breakout 4 session back and now staying on top of trend line .
Above 1415, it can see up move to 1450, 1500 & 1550. This stock when moves, it does crazy thing so wait for level to break patiently and get ready to enter in this highly rewarding stock.

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.

Thanks
Piyush Gupta
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Comments

Hi Piyush, Should we look at log charts or normal charts when looking at weekly candles? Because log dismisses trendlines drawn considering charts just on auto mode in tradingview?
+1 Reply
Piyush-Gupta shaleenbansal
@shaleenbansal, Can you share example of same. I use normal candlestick chart only for all TF analysis.
Reply
Comment removed.
Clean chart
+1 Reply
Monopoly in the Indian railways business. Great business model. Good for long term too. Thanks for sharing Piyush.
+1 Reply
Piyush-Gupta alphafound
@alphafound, thanks for feedback.
Reply
very powerful technique i agree .keep share .

thanks
+1 Reply
Piyush-Gupta trade-easy
@trade-easy, thanks for feedback
Reply
Very nice analysis.
+1 Reply
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