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Irctcbuy

IRCTC This chart appears to be a candlestick chart for IRCTC (Indian Railway Catering and Tourism Corporation) stock prices over a period from June to December 2024, with a descending trendline indicating a bearish trend overall. Here are some observations: Bearish Trend: The descending trendline suggests that the stock has been in a general decline since June 2024. This indicates that the price of IRCTC shares has been decreasing over this period. Support and Resistance: The trendline might act as a resistance level where the price struggles to break above. The price has touched this trendline multiple times, indicating it's a significant level for traders to watch. Recent Bounce: Towards the end of the chart, there's a noticeable bounce in the stock price, suggesting some buying interest or a potential reversal. This could be due to various factors like positive news, earnings reports, or market sentiment. Volume: If volume data were available, it would provide more context. Typically, a bounce with high volume could indicate stronger buying support. Time Frame: The chart shows daily candlesticks, which means each candlestick represents one day of trading. Current Price: The last price shown is 843.05 INR, with a slight upward movement at the end of December, indicating some recovery from the previous lows. Future Outlook: If the price breaks above the descending trendline with significant volume, it could signal a potential trend reversal. Conversely, if it fails to break this resistance, the bearish trend might continue. For a more detailed analysis or if you're looking for trading advice, consider: Technical Indicators: Adding indicators like RSI, MACD, or moving averages could provide more insights into momentum and potential reversal points. Fundamental Analysis: Looking at IRCTC's earnings, news, and market conditions could offer a broader perspective. Market Sentiment: General market trends and sector performance could also influence IRCTC's stock movement. If you're considering trading based on this chart, remember to set stop-loss orders and have a clear strategy for both entry and exit points.
NSE:IRCTCLong
by thejatin
Accumulate IRCTC target 1900+ Long termIRCTC after initial rally has been trading in a very congested channel from last 2 years. The support has been maintained at 547 and trading in a channel making higher lows. Once the breakout happens from consolidation then in 1-2 years you can see a target of 1900+ Stop Loss on monthly closing basis can be maintained at 545 All intermediate target are listed on the charts. for sure it will take out the lifetime high made previously.
NSE:IRCTCLong
by Sandeepk31
8
IRCTC: DOUBLE BOTTOM CANDIDATEFrom Nov'22 high stock was under pressure and tested the Jul'22 on 27-Mar'23. From there prices are bouncing back forming higher high and higher low on the lower degree time frame. There is also a formation of INVERSE HEAD & SHOULDER PATTERN which is a bottom reversal pattern whose neckline is 655 and currently prices are trading above this level on weekly chart which should be considered as the breakout of this bottom reversal pattern. The measured target for this pattern is coming about to be in the region of 775-780 zone which is also the neckline of Double bottom pattern on larger degree front. TRADING STRATEGY: Buy 662, SL: 616 TGT: 775-780
NSE:IRCTCLong
by TradingSutra
2
06/10/2022 Research Report For IRCTCDisclaimer: I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note I have already bought IRCTC shares for my own portfolio and also we can use this research again for my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do your own research and also do take advice from your financial adviser before invest any single rupee. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time. Buy @ C.M.P (Current Market Price) Target 1:- 840 Target 2: 930 Target 3:- 1000 Sometimes for the global problems (Like: ECONOMICS:USIRYY , TVC:USOIL , TVC:UKOIL , ECONOMICS:USINTR , WAR and etc. ) the stock price can be go on down, BUT IF YOUR RESEARCH IS ACCURATE, THEN BELIEVE IN YOURSELF & HOLD SHARES WITHOUT STOPLOSS.SELF CONFIDENCE IS LIKE GOD. BELIEVE GOD. Also If You Have Believe on My Research , Then That My Past Year Research Report Will Also Be Active:-
NSE:IRCTCLong
by india_market
IRCTC - Long/Short OpportunityLong/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 small cup & handle pattern that has formed. But if this stock first candle closes below support level it might give you the bearish move. As per the CPR, we are expecting a big move in this stock. But we have to be curious because the international market is bearish and very volatile. Let the market settle and only then we can enter.
NSE:IRCTC
by sayenpure
IRCTC - Short/Mid term positional buy trade NSE:IRCTC 1) On 1day time frame, it is successfully trading above 21DMA. 21DMA is placed at 864.14 level. Major breakout level range is in 912-930 level. Successful breakout of it will make it bullish again. Please refer below chart : 1 day Time Frame. One can buy from CMP with SL of 860 and target of 950-980. For safe buy trade one can take long position once it give sustainable breakout of 930 level range or add some more qty in portfolio. ***********this is my personal view*************** Please consult your financial advisor before any type of investment.
NSE:IRCTCLong
by Trading_hawk