karan_bagri

IRCTC Long Setup Pennant Breakout

Long
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
IRCTC broke out from Pennant pattern after consolidating for 55 bars(daily). Breakout has good volumes and price is setting up for a target for 990 and above with a stoploss at 848. We can buy dips till 873, setup will be invalidated if prices crosess below stoploss level.

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