NSE:IRCTC It has been trading in parallel channel for long time. Today it took resistance from middle trendline of parallel channel. Good positional buy trade will be only on breakout of middle trendline of parallel channel. Target will be 2750 or the upper trendline. On breakout of upper trendline it will have good up movement. Trade Setup for Date...
NSE:IRCTC Observations: 1) On daily time frame still it has been trading in the parallel channel . 2) Today it broke the middle trendline support and closed just above the bottom trendline of parallel channel. Please refer Chart below: daily time frame. Trade Setup for Last Week August -2021 1) Don't Jump in to trade at the beginning of the market....
NSE:IRCTC Observations: 1) On daily time frame it has been trading in the parallel channel. 2) If you see earlier bottom trendline of channel was working as a resistance. 3) Then middle trendline of the channel was working as resistance. 4) Then bottom trendline of channel was working as support and then it gave good breakout of the middle trendline and...
IRCTC Bullish above 2750 on clb. Positional traders can watch this. with 4 - 5% SL. Plan your risk before reward.
NSE:IRCTC Since this stock's movement from last one week has been driven by one news about stock split so it is a bit tough now as it is already on the higher levels. Today's move came after the confirm news about 1:5 split. And then sudden selling/profit booking was seen. ----------------------------------------------- Anyway, here I tried my best to...
NSE:IRCTC Stock is bullish IRCTC Long above 2100+ for a target of 2650 SL at 2000
NSE:IRCTC After big gap-up in this week, it has been trading and making higher lows and lower highs. And it is forming a Bullish Pennant Pattern. Fundamental That Bullish move (big gap up )is mainly by the news of Stock Splits. On 12th Aug, board meeting is there in consideration for Stock Split. Simple Trade Setup Trade levels and Targets are...
NSE:IRCTC Simple trade setup mentioned with levels on chart. Hope it is easy to understand. Do comment your doubt or suggestion.
IRCTC swing trade .... Wait for todays high to be broken... Trade with Caution.. Using appropriate position sizing and risk management....
NSE:IRCTC Today it break the trendline, also gave breakout of short term rounding bottom pattern and also tested the long time support zone and closed above it. This rounding bottom was also made at bottom level of Fibonacci. And that level also gave good support. Once can enter at CMP for positional trade. For intraday it better to go long above 2325. My...
NSE:IRCTC -------------------------------------------- 1st Scenario: After going up it will face resistance in 2350 range and come back to test support on the trendline. And if it gets support from trendline then this will be a buy trade. And if it fails to get support then our sell trade will be only initiated below 2300 level....
IRCTC Buy Call was shared on 12 May 2021 . Our Buying price was 1820 , today kissed 2400++ . Almost 34% return on investment. Can book partial profit. Bye the way the stock is heading to 2800++. The red trendline is the major support for IRCTC. Short term swing traders can TSL @ today's candle low. Below is the Buy Call shared earlier.
IRCTC broke it's 52 week high today and closed above it's 52 week high. Looking very bullish for future. BUY above 2200 for a target up to 2640. Which 127% level of Fibonacci. Stop Loss is 2160. DO YOUR POSITION SIZING CORRECTLY.
move beyond 2132 next level to watch 2170+ keeping stop 2052 for both fresh entry n open positions disclaimer - trade @ own risk
Hi 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.
IRCTC 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...
Buying Zones 1560-1570 1400-1420 Strict SL - 1290 (WCB) Target - 2000