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Irctcshare

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
IRCTC Long Idea......IRCTC looks good for reversal. It is forming cup and handle pattern. Currently in Handle structure. 2-3 Quaters down the line it may touch ATH. Targets are given in chart. SL for safe traders is trendline it was taking support on. Risk management is Priority. Need to consider broader market conditions before taking position as swing. I am personally going to average at horizontal support if at all it comes. NOTE : Fundamentals are good. Top line 3Y sales growth CAGR = 77% , Bottom line 3Y Profit growth CAGR = 90%. Good ROE. No peer to compare P/E as Monopoly & P/E,P/B < median I'm personally buying it whenerver falls 5-10%.
NSE:IRCTCLong
by sfk1229
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 OpportunityShort/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 expected in this stock. But if it closes below 799.20 then we can go for short, it will happen if the international market crashes.
NSE:IRCTCLong
by sayenpure
IRCTC - Short OpportunityShort 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 can go for short if it opens below this level. But if this stock opens between the previous day's gap, then we have to give the time to market to fix their move, and only then we can enter.
NSE:IRCTCShort
by sayenpure
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
IRCTCIRCTC - 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 consider it as an uptrend. The first candle will matter the most, According to the Fib Retracement tool it might take support at 0.382 level and can reverse.
NSE:IRCTC
by sayenpure
Simple Trade Setup | IRCTC | 20-01-2022 [INTRADAY]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 chart : 15 min Time Frame. ------------------------------------- Trade Setup for 20-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:IRCTC
by Trading_hawk
10/11/2021 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 at C.M.P (Current Market Price) and Maximum Below at 900 Target 1:- 1090 Target 2:- 1206 Target 3:- 1502
NSE:IRCTCLong
by india_market
11
Positional Long Trade Setup | IRCTC | SHORT -MID TERMNSE:IRCTC Observations: 1) On daily time frame, we can see finally, it closed above 10DMA. 10DMA is placed at 845.77 level range. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame if we apply for FIB Retracement then we can see that it has been trading between 50 & 61.80% level range of FIB. Please refer below chart : 1 day Time Frame. ------------------------------------------------ Sustainable breakout of 50% FIB level which is at 895 level range then we can see good upmove. Major resistance range is 895-905 level range. One can take Buy trade from CMP with target of 905 level if want to have short term positional trade. With SL of 840 level. Major support is at 800 level. Sustainable breakdown of 800 level will make it bearish. Anyway, in general IRCTC is a good fundamental stock to have in portfolio for long term. In mid term, we can expect the target of 1100 and 1200. One can keep SL of 840 or 800 as per risk taking capacity. ------------------------------------- Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with SL as per your risk capacity. This is just my personal view. It is not a trade recommendation. Better to consult with financial advisor before making any investment.
NSE:IRCTCLong
by Trading_hawk
IRCTC: Hold for Huge ReturnsIndian Railway Catering And Tourism Corporation Ltd. On Daily Tradingview Charts, it has positive Relative Strength. The stock belongs to the Monopoly category. It was in consolidating phase but strong support stands at 790. The resistance comes at 913 and 950 levels. If it breaches the resistances, more upward moves will be seen. Note: Not a buy recommendation. For Educational Purposes Only. Please consult your financial advisor before taking any trade.
NSE:IRCTCLong
by sanjaykedia