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IRCTC

IRCTC --- POSITIONAL --- 2022IRCTC select as positional pick due to recent bullish breakout candle seen on Daily chart . IRCTC corrected 1250 sub level . and somewhere around 770 level found bottom support and consolidate few days this levels .. triangle formation on this consolidation last trading session breakout done with good volume .. both triangle and trend-line breakout clearly seen on chart. at buy level cmp 902 stock can give 10-20% upside momentum in short term. Techncial bullish indicators . 1. triangle and trendline breakout 2. MACD bullish crossover from 0 line 3. RSI at 64 ( 60-80 ) Bullish 4. Trading abobe all SMA 20,50,200 BUY IRCTC @ 902 TARGET 1- 1000 TARGET 2- 1200 ( duration 15-20 Days ) Stop loss 780 * PLEASE DO OWN ANALYSIS.. THIS IDEA CAN HELP YOU FOR EDUCATIONAL PURPOSE... take call at own risk .!! WISH YOU HAPPY TRADING. !!
NSE:IRCTCLong
by champtrade111
2
IRCTC range breakoutNSE:IRCTC IRCTC is making strong pattern on daily time frame. Go for Long from here. Current Price: 895 rs Good Entry Point: 860 - 880 rs Target: 920 rs - 1st, 950 rs - 2nd Stop Loss: 25 rs RSI: <65 (Not in over brought zone) Probability: Positive for Long position Risk Reward Ratio: 1:3 Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment. Happy Investing..
NSE:IRCTCLong
by Trending_Trades
IRCTC Price Action 1. IRCTC Increase in Volume in By side and price rising with Rise in RSI , Moving Up 2. Stagnated for Quite a while , Supply is squeezing and , At the Base of the Volumetric Profile avg 3. 1 Month: Delivery volume fell by -62.31% Delivery volume increased by 160.24% over 5 day average 4. Volatility around 52% , Lower TF RSI increasing 5. Mutual FUnds Shed around 7% Share in from March to septemer , Now near sept 2020 % Levels of , Retail is buying with FII and DII selling 6.F&O data suggests Long Buildup today 7. 32.7% away from 52 week high TARGET 1 ,2,3,4,5, as shown in the Chart ----------------------------------- Its ready for a bull run , Voume is increasing ... Go long for first target Invest 20% LIKE IF YOU AGREE
NSE:IRCTCLong
by TechieindusTrader
1
Simple Trade Setup | IRCTC | 04-01-2022[INTRADAY]NSE:IRCTC Observations: 1) On 1 day time frame, we can see that is trading between 21DMA and 50DMA. 50DMA is immediate resistance and 21DMA is immediate Support. 50DMA is placed at 847.04 level and 21DMA is placed at 839.50 level. We can also see that it is still trading below resistance channel. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 04-01-2022 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. 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 respective level considering how price action works near that level.
NSE:IRCTC
by Trading_hawk
2