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IRCTC

IRCTCThis stock has already shown uptrend, and now after consolidating as a flag pattern, it has given breakout with volume in hourly time frame as well as daily time frame also, all the key levels are mentioned on chart, one can go long with mentioned stoploss for mentioned targets. key levels are mentioned on chart flag breakout on hourly chart with very good intensity of volume flag and pole chart pattern on daily chart macd in weekly positive and uptick macd in daily uptick above zero line macd in hourly positive crossover and uptick above zero line rsi in daily positive and uptick rsi in hourly positive and uptick stochastic turned positive crossover in oversold zones in daily time frame dmi adx positive ungali setup in hourly chart bbc in hourly Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
NSE:IRCTCLong
by RK_Chaarts
Simple Trade Setup | IRCTC | 28-09-2021 [INTRADAY]NSE:IRCTC Observations: 1) On Daily Time frame, It took good support from 10DMA and made reversal. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date 28-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. 5) Now Trendline should work as support. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:IRCTC
by Trading_hawk
2
IRCTC: Chart set up and trading strategyIRCTC CMP 3355 - we observe supply increasing in IRCTC once stock goes above 3300 - 3270 / 3252 / 3238 are some important levels - however if we see these levels being taken out probability of IRCTC testing the target zone would increase. _____________________________________________________________________________________________________________________ Given the set up One may consider to sell IRCTC Sept expiry 3500 Call option currently around 80 Yield potential is around 10% till expiry In built loss protection for a rise up to 3580 till expiry Look to exit if IRCTC closes above 3422 Take care & safe trading...!!!
NSE:IRCTCShort
by indiamarketoutlook
3
IRCTC: Enjoy your tea with Cup & HandleIRCTC - The stock had given a breakout in June 2021 - the breakout had taken the stock in to uncharted territory - luckily, we see stock giving us a cue with a Cup & Handle chart formation to arrive at a target of 3200 above. Neck line of cup is at 1994 and the low made is of 774 - giving us 1220 points for the taking. Adding that 1220 to the neck line level, we get a target 3214. Yes, I understand it is easier to say once the movement has happened... Any one can claim that with the benefit of hindsight... So here is what was published about IRCTC on June 21, 2021 when the stock was around 2000 odd levels - those who followed this Technical Analysis idea have easily captured the rally of more than 50% in less than 3 months We are thankful and grateful to Technical Analysis for showing us the light. Consider booking profits - Going forward any dips towards 2650-2750 could be interesting where risk::reward ratio to buy might again look better By the way there is one more Cup of Tea we are enjoying... Bharti ki chai bhi bohot achhi hai ( Oh sorry, it angered my wife... 👿 pls don't misunderstand me... I mean Bharti Airtel has also given a nice Cup & Handle breakout) 😉 You can thank me by simply Hitting the like button or writing in the comment section below...🙂 Follow for more such ideas But don't just follow blindly, learn to identify opportunities independently Remember, it is better to ask questions before you enter the trade than to question yourself afterwards... Some of the best trades happen when - you stop chasing the money & start focusing on the process - plan your trade to buy right & let the story unfold itself... Happy trading...!!! 😊
NSE:IRCTC
by indiamarketoutlook
1
IRCTC - Fundamentals and TechnicalsHi there, Let’s consider a few facts and figures of IRCTC: Fundamentals: 1. The company is already in midcap with Market Cap of Rs.30,527 Cr. 2. Company has a good return on equity (ROE) track record: 3 Years ROE 33.62%. 3. Company has been maintaining a healthy dividend payout of 52.41 4. ROCE - 62.8% and ROE - 44.1%, which is very very impressive. 5. Company is Completely DEBT free with 0 debt in balance sheet. 6. Topline and bottom line both very impressive, constantly growing except last year and that is because of covid issues, lockdown impacted many businesses. 7. Monopolistic business model. Technicals: 1. Long term chart is in Uptrend. 2. Currently trading at 1894 which is above 50, 100 and 200 Days Moving Average (DMA). 3. Volume has increased substantially since Dec 20 (as indicated by arrows at the bottom), this shows that huge accumulation is going on. Considering all the points mentioned above, it’s a very wise decision to invest in this stock from long term perspective. This should be one of your portfolio stock. Old Buy - HOLD tight and enjoy the ride :) Fresh Buy - At CMP The stock will easily double and triple from here, all you need is a little patience. Remember: Never invest more than 5% of your capital in any single stock. Please get in touch in case of any question or concern. Happy Investing, thanks!
NSE:IRCTCLong
by ShareMarketSchool
2
Simple Trade Setup | IRCTC | 02-09-2021NSE:IRCTC Observations: 1) On 1 HOUR time frame it has made a rounding bottom pattern and closed just below the critical breakout level of 2750. Please refer below chart : 1 hr time frame. ------------------------------------- Trade Setup for Date 02-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:IRCTC
by Trading_hawk
2