REC has always been in a tight range. Now at the multi year support line. Play the range 88-121. Dividened is additional bonus.
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...
Buy 495 SL 485 TGT 520 Educational only. For my personal observation.
It has activated an Ichimoku C Clamp which is suggesting a retest of 2175. View would go wrong if it trades above 2425.
for personal eperimental observations
will wait for either side break thing dont look easy as they seem confused set up for me
Educational Purpose.
It has reversed from a Bearish Harmonic Alt Shark in hourly time frame and done a min 38% retracement. There is a possibility of a trend line breakout ONLY if it manages to break "above 328" for 360 where it has a Bearish Harmonic Butterfly. Failure to cross would see continuation of retracement till 50-62%