Breakout trade
IRCTC is poised to give good returns with good risk to reward ratio as the setup looks good. A clear breakout from an ascending triangle pattern and a good consolidation since last 2 months. Breakout is supported by good volumes and RSI showing the charge of bulls. One can expect good returns in near short to mid term.
Disclaimer: Take this view for educational purpose. Trade/Invest on your own risk.
Happy trading, happy investing!
Disclaimer: Take this view for educational purpose. Trade/Invest on your own risk.
Happy trading, happy investing!
Disclaimer
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