IRCTC "Swing" Trade || Daily TFHi traders, one should enter in this trade only after the consolidation breakout with a good volume green candle. Pin down any comments if you have.
Irctcanalysis
Watch IRCTCIRCTC gave today breakout with 9% move in single day.
Good volume on daily chart. Not generated here as the week have 4 more days to go.
It is today at ALL TIME HIGH.
There is risk when trading in stock which is trading at all time high.
So if I enter I will keep STRICT STOPLOSS.
Stay cautious as the money flow index have turned downwards, that's not a good indication, so if it continued to do down this may be false breakout or this is because the new SEBI margin rules. Volatility and liquidity is decreasing.
This is a little bit confusing scenario.
This is my own analysis. Hope you like it.
This post is for information purpose only.
IRCTC BUY - TRAIN TO 2150 IRCTC
BUY ABOVE 1820
SL -1765
TARGET- 1900 1950 2000 2100 2150
DURATION- 1-2 WEEK
NOTE:- I AM NOT SEBI REGISTERED . ALL THE ABOVE ANALYSIS SHARED IS MY PERSONAL OPINION.
IRCTC Symmetrical Triangle BreakoutIRCTC has given bullish breakout with symmetrical triangle pattern
Major Resistance:1850
Major Support: 1760
Trade with Stoploss!
For Information & Education purpose only!
Regards
Trade Leader
🚂 #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 Daily chart if it will break its resistance zone and sustain it then maybe it will reach our targets.
.
.
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.
IRCTC analysis If it breaks the range then our target can achieve
targets are mentioned on the chart
