Short Opportunity - IRCTC - Indian Railway Catering Tour Corp Ltd. was in a sideways zone on the daily timeframe. But on 24th Feb it has broken support of Rs. 774.45 and gave a big move on the downside. As per the daily chart timeframe the candle closed below this level, so it is expected to go down. The CCI, MA & VWAP is clearly showing a downtrend in IRCTC. We...
*Long Opportunity* - IRCTC has made a bullish peanut pattern, which indicates that there will be a bullish move expected. The MA is headed to the upside, which confirms the uptrend. If the first candle of this stock closes above this pattern then we can go for long.
Long/Short Opportunity - IRCTC has strong support on Rs. 781.55 & stock has sustained to this level till now. Also, there is resistance at Rs. 793.83. The MA is showing a sideways zone. There are high chances that this stock will cross-resistance and give bullish movement because the CCI is indicating a bullish move. And if we observe it very closely there is a...
IRCTC - There is narrow CPR in this stock. CCI is near -100 and VWAP has crossed MA at the downside. So, we can consider this as a downtrend in this stock, if this trend continues on Thursday. But we have to wait for the confirmation! As you can see there is two line zone drawn in this picture, if the stock gives a breakout of the resistance line, then we can...
Irctc expecting a breakout this time. Will buy above the range 878 for 980+
Once we have a breakout from this channel, we can expect an upside
NSE:IRCTC Observations: 1) On 1 day time frame, we can see that it bounce from 50DMA. 50DMA is immediate support. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that if had came out from the channel resistance and today it tested this channel and bounce from it. Now this channel will work as support. Please refer below...
IRCTC broke out from Pennant pattern after consolidating for 55 bars(daily). Breakout has good volumes and price is setting up for a target for 990 and above with a stoploss at 848. We can buy dips till 873, setup will be invalidated if prices crosess below stoploss level.
Breaking the triangle. Retesting to go up. Targets as per below. Entry: CMP t1: 982, t2: 1119, t3: 1280, SL: 853
Now it's a time that you can take Buy entry for a target 950+
Hi All, As per my understanding in IRCTC a bull flag pattern has formed which is basically a bullish pattern. we can expect further upside move for the target of 900 in short term. BUY ABOVE 845 TARGET 860-865-875-890 900+ This is my personal view kindly do your own research before investing.
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. ...
IRCTC at major breakout. On sustainable breakout of 880 we can see up-move with target of 920
IRCTC Buy-Above- 880 Sl-780 T- 1010 1200+ The stock has been consolidating after a good correction. It has stopped making lows. Buying Activity is been seen here. It will show good momentum after the level breaks.
NSE:YESBANK #YES bank trading bullish and reached Resistance level BO confirmation will get positive momentum !! Ping me directly for the levels.... No need to do anything !!
NSE:IRCTC #NSE:IRCTC gained momentum and key levels marked on chart !!
IRCTC has breached the trendline at 866 and 50 day EMA at 826. Critical is the Fibonacci level at 823, the breaking of which the stock should find a resistance at 803. Below which another support is at 777. Further downward movement and 723 should act as a strong support zone, which is also 100 day EMA. On the positive side, target of 1056 if it breaks the...
NSE:COALINDIA #NSE:COALINDIA bouncing from support, Post confirmation may try 150CE By any chance market swing reverses, may try the same PE only post confirmation !!