Greetings Folks,
today I have prepared a setup of IRFC on NSE
the analysis is as follows-
- the price is speculating in a minor range right now
- my current bias is bullish so i will not be looking any short trades
- 2 possible entries are given in chart, the breakout and retest one is more probable
- if the market opens negatively, wait for price to settle on...
This will boom.
Increasing profit
Increasing dividend
Only concern in Debt to equity.
Buy at 44
Stop loss at 40
Only for education purpose do own research before investing in stocks.
IRCTC - looks like a dark horse and very strong script for long term..
after all the initial euphoria the stock rallied a lot and lot of retails got stuck at higher level , after correction it took support at 61.8% retracement of its IPO to ATH price.
Retailers have mostly got frustrated with this script and have exited in loss and stock seems to have started its...
IRCTC is down from it resistance nearly 25% .
"don't try to catch a falling knife," 🔪
one can try near 550-560 for long.
with SL of 498-506
if anyone have another logic for IRCTC then comment me .
current is time to start SIP .
like my idea and also follow me
