LBilgir

IRCTC looking for a new High too?

Long
LBilgir Updated   
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
At this point keep an eye on IRCTC.

Already the long held trend-line is broken with a clear 5 waves, completing its 1.
If we count this single leg, it might just be completing its 2nd soon.

Lets see how it trades near 50-61.8% zone marked on chart.
If we get a green candle at the zone 600-610 that shuld be the best place to initiate long positionally for target of at least last ATH in this stock.

Trade active:
This one is active.
Actually got active on friday last week.
Initiated longs today.

Enjoy the ride... long way to go...
Trade active:
this one has come a long way.
we caught it at the right time.

Booking some partial profits here will be a good idea, since we are riding it almost from bottom.

All the best guys.

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