TradingView
Ashhish-Chhabra
Apr 27, 2020 11:33 AM

GOLDEN STOCK ( IRCTC AT IMP. JUNCTURE ) Education

INDIAN RAIL TOUR CORP LTDNSE

Description

IRCTC A GOLDEN STOCK HAD A DREAM RUN SINCE ITS LISTING IN NIFTY ( AGAIN AT IMP JUNCTURE CAN BE A MAKE OR BREAK LEG FOR THE STOCK)

!) Stock Trading at a very imp support line which is at Rs 1250 from this move only stock had a dream run to 1950 level
2) Can be a make or break leg of the stock
3) Had a down side after strong buyer pack moves
4) Inverted Hammer which is a sign of bullish reversal shown in today close of IRCTC
5) 14 Day RSI at 50 which is also showing good strong strength
6) so Now Break or make level again

( Most Important Dates of Q4 Results, and from 3rd May how Lock down will be released will be an important factor for the Stock )

Finally if you liked the Idea pls provide likes and comments and pls provide suggestion if you something dont like about the idea

Comment

(Today Buyer Pack in IRCTC )
Comments
satyamsharma5407
I have irctc @ 1500, 70 shares, 10 year horizon, plz tell me approx target
Ashhish-Chhabra
@satyamsharma5407, Sir , Your buying is at High Price , now if your horizon is long term pls keep as it is a value pick for long term horizon
satyamsharma5407
@chhabra_ashi, plz tell me approx price after 10 years
Ashhish-Chhabra
@satyamsharma5407, No Sir , very difficult question for 10 years cant predict 10 years price , but it is golden stock for Long term portfolio
satyamsharma5407
@chhabra_ashi, sir can u predict price after 5 years
Ashhish-Chhabra
@satyamsharma5407, if Your Horizon is long term then you can keep the shares , as it is Value pick
satyamsharma5407
@chhabra_ashi, ok, can it reach 3000 level in next 3 years
TVKD
Your prediction is right .
Ashhish-Chhabra
@05e73e87a96347809024e69a64ac5b, thanx sir
More