AVWAP Study of IRCTC (Breakout) Long

INDIAN RAIL TOUR CORP LTDNSE

Description

⋅ Jun 9, 2020 6:52 PM

Self Explanatory & Annotated chart.

VWAP works really well in this stock.
We also got a VCP pattern breakout, today was a retest day, so one can go LONG now!

No Targets in mind but good chance of reclaiming prior Swing High and even exceeding it.

Comment

⋅ Jun 9, 2020 6:53 PM

Note: EOD Chart Analysis as of 9th June, Tuesday

Trade closed manually

⋅ Oct 24, 2020 10:37 PM

Comments

shreeshajn1986

⋅ Jun 10, 2020 1:00 AM

@T_Harth what rate we can go long in IRCTC today? Please confirm on the target and Stop loss.thanks

T_Harth

⋅ Jun 10, 2020 1:32 PM

@shreeshajn1986, Go Long at current rate. Target is previous Swing Hig of 1952. Stop Loss would be green VWAP of 1204

himenshoe

⋅ Jun 9, 2020 7:59 PM

How you get VWAP for particular month ?
Which Indicator

T_Harth

⋅ Jun 9, 2020 6:53 PM

EOD Chart Analysis as of 9th June, Tuesday