IRCTC has breached the trendline at 866 and 50 day EMA at 826. Critical is the Fibonacci level at 823, the breaking of which the stock should find a resistance at 803. Below which another support is at 777. Further downward movement and 723 should act as a strong support zone, which is also 100 day EMA.
On the positive side, target of 1056 if it breaks the...
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....
NSE:IRCTC
#IRCTC level shared and it bagged almost 50K per lot.
Same recommendation give in Trading view as well.....
If you like the analysis hit like and extend your happyness.
NSE: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...
Indian Railway Catering and Tourism Corporation (IRCTC) is a Mini Ratna Central Public Sector Enterprise under Ministry of Railways, Government of India. IRCTC was incorporated on 27th September, 1999 as an extended arm of the Indian Railways to upgrade, professionalize and manage the catering and hospitality services at stations, on trains and other locations and...
NSE:IRCTC
Today it took support from 21DMA which is placed at 4366.51 level. Which is a good sign at this moment. Breakdown of it will lead it to 4000 level.
Further breakdown of 4000 level will lead it to 3580 level. 50DMA is placed near this level.
If we apply FIB retracement on daily time frame then we can see that immediate support is at 4000-4018 level...
IRCTC touch the resistance point and there is too much selling pressure, that's why the stock is falling drastically. It is expected to take support on daily chart resistance line, because that line was break middle of September, so the line expected to works as a next support level.
In this below picture I have also...
NSE:IRCTC
irctc share came down from our harmonic resistance now heading towards support level if find support and reversal then go for swing or positional again from those levels.
******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...
NSE:IRCTC
#IRCTC trading near Resistance and BO will have higher chances to give positive momentum.
All the levels mentioned on chart !!
Have a Happy trading.
Levels Perfectly captured & shared for FREE Everyday !!
If you like the analysis, Hit like button and share it with your friends to extend your Support.
This stock has already shown uptrend, and now after consolidating as a flag pattern, it has given breakout with volume in hourly time frame as well as daily time frame also, all the key levels are mentioned on chart, one can go long with mentioned stoploss for mentioned targets.
key levels are mentioned on chart
flag...
NSE:IRCTC
Observations:
1) On Daily Time frame, It took good support from 10DMA and made reversal.
Please refer below chart : Daily time frame.
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Trade Setup for Date 28-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and...
NSE:IRCTC
Observations:
1) On 1 HOUR time frame it has made a rounding bottom pattern and closed just below the critical breakout level of 2750.
Please refer below chart : 1 hr time frame.
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Trade Setup for Date 02-09-2021:
1) Don't Jump in to trade at the beginning of the...
![IRCTC: Simple Trade Setup | IRCTC | 28-09-2021 [INTRADAY]](https://s3.tradingview.com/u/upAFsYKC_mid.png "Simple Trade Setup | IRCTC | 28-09-2021 [INTRADAY]")
