navingoyal2003

Education purpose only - IRCTC

Long
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
After BO, it has tested resistance and retracing again...

Option 1 - Entry at 800/- Target 1 842, Target 2 914

Option 2 - Entry at 775/- Target 1 842, Target 2 914

Option 3 - Entry at > 842 - Target 1 914, afterwards trail SLT

ADX - Positive

RSI - Buying territory 71
Comment:
Option 3 triggered today... lets see how it goes ahead..
Comment:
T1 achieved and our hypothesis will be much stronger if it crosses and close 914
Comment:
Close above 930 should move this to 4 digit..
Comment:
Till now hypothesis is working fine and moving slowly to 4 digit..
Comment:
Slow & steady wins the race..
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