Date : 1-Apr-2024
Rating : Buy - Positional Trade
LTP : Rs. 970.15
Targets: (1) Rs. 1,049 --> (2) Rs. 1,118 --> (3) Rs. 1,279
SL : Rs. 930
Technical View:
• NSE:IRCTC is in its primary uptrend since Oct-2023 and was recently going through it's secondary downtrend.
• After touching the high of 1,049 on 20-Jan-2024, it has retraced 18% to 862.75 level.
• ...
Important Levels in IRCTC Weekly Timeframe
Keep an eye on IRCTC
IRCTC has made Descending Triangle Pattern. Waiting for Breakout / Breakdown. After clear Breakout / Breakdown will do further plan. I have marked some important levels on chart.
IRCTC this stock only for long .
This Long term Investment only base on Indicator which is 5 EMA On Montly.
If you afford the stoploss then only take this trade for Long Term.
I didnot read any fundamental for this stock. This is purly on Indicator.
This is only for education purpose.
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: [LONG TERM] IRCTC LONG TERM](https://s3.tradingview.com/4/4U8e3lNP_mid.png "[LONG TERM] IRCTC LONG TERM")
