BUY IRCTC With SL 692
Target 770-785
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
After the formation of ending diagonal stock has given an upside impulsive rally and undergone into a corrective phase. The recent price action suggests that corrective phase has been over and stock is ready for another leg of impulse on the upside.
One should buy the stock in the current levels or on dips near 730 zone , keeping SL of 660 look for the tgt of...
Disclaimer:
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...
IRCTC Chart Analysis and Important Key Levels to Watch 2022
Decending Triangle Chart Pattern
Stoploss below 700 if Closes EOD
For More Details Search in Google - Stock review Manoj Shnde 27485
#MONDAY#
NSE:IRCTC
HINT :-
{
IRCTC is approaching its support level ;
it's approaching its best support level ;
it failed once after breaking through it ;
this time it may break successfully ??? ;
have an eye on this stock ;
add this to your stock watch-list ;
Even BOLLINGER-BAND is getting squeezed ;
}
{
trigger price:-780
Target :-866
Stop-loss :-755
}
On many requests, here is the analysis of IRCTC.
We strongly believe IRCTC will be a good buy for mid to long term investment at levels marked with green color on the chart. Those looking for a fresh entry, can buy in parts on green levels and hold for upper marked targets.
To motivate us, Please like the idea If you agree with the analysis.
Happy...
Short/Long Opportunity -
IRCTC is in the sideways zone on the daily & hourly chart. If its candles traded between 810.30 to 799.20, then we have to ignore this stock, as there is a high chance that this stock will go sideways. There is an important level of Rs. 811.15. If any candle closes above this price then we can go for long as there are bullish sentiments...
Long Opportunity -
IRCTC has made ascending triangle pattern and it closed above this level. It means that there is a bullish movement expected. The level of Rs. 809 is the Minor SR, if the first candle closes above this level there will be a strong movement expected. There will be a target of 20 for intraday.
Indian Railway Catering & Tourism Corporation Ltd - 25.02.2022
The stock is trading @ 800 levels
There is a hurdle @ 802 levels
The prices are below EMA
RSI is 52 in Weekly Charts
Let the prices go above 818
watch out for the price actions
Long Opportunity -
IRCTC - Indian Railway Catering Tour Corp Ltd. is in the trend reversal mode. It closed above the strong support level of Rs. 781.10. The CPR & CCI is indicating there is a bullish move expected on Monday. If the first candle of this stock is close above this trend line then we can go for long.
*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.
