IRCTC
Swing Trade Idea #243 : Long on IRCTCThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
IRCTCNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
IRCTC Levels for 15-MAR-21(Intraday) Buy above 2005 for 10,20,30+++
Sell below 1970 for 10,20,30+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
🚂 #irctc #nifty50 #banknifty #nifty #niftybankNSE:IRCTC
go long above today's high target above PRZ , if find reversal from PRZ one can short as well as indicated on chart.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
IRCTC Bullish Cup and Handle patternYesterday on daily chart IRCTC formed Bullish Cup and Handle Pattern with increasing volume. I think one can go long from here. Please study and analysis before taking any position.
[Educational] IRCTC Rounding Bottom Pattern Intraday AnalysisIn today's session, IRCTC has given a breakout of rounding bottom pattern. After this breakout, This stock gives quickly our projected initial target is 1750+ which is the height of rounding bottom pattern.
Traded position:
Buy Entry IRCTC at 1700-1710
Stop-loss 1680
Initial Target- 1750(1:2.5 risk reward)
IRCTC Daily chart if it will break its resistance zone and sustain it then maybe it will reach our targets.
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Note- Do your analysis before taking any action and take responsibility for your action.
IRCTC :: Ascending triangle breakout in daily chart!In the daily chart, we can clearly see that IRCTC has given ascending triangle breakout. Take long positions for the target of 1600.
IRCTCIRCTC forming an Ascending triangle pattern. Strong resistance at 1498-1500. Waiting for a breakout!
Breakout for IRCTC possible - hold for 100% gains in 2021IRCTC is a fundamentally very strong stock with a monopoly in the world's biggest railways!
The stock has been consolidating in the range since a VERY long time!
The stock has rallied before the global lockdown - true price discovery still not achieved!
