IRCTC trade ideas
Right now Stock was cup with dubble handle patternPROS:-
fundamental are good
highest ever profit and
fixed asset is growning
lowest pe ration of all time
No Borrowing
Company has good future growth prospect
Share Holding Pettern 80% is upper hand
Buy :- 655
first Target :- 754 Technical Target
secand Target :- 840
Buy IRCTC on triggerHello everyone, Monsoon is yet to end, but our earnings are also coming as profits in trading. To get the profits, We present you the idea, please comment and like if the analysis seems to be correct.
Buy @ (trigger will be updated)
Stoploss - 635.05
Target - 706.20
725.15
748.45
Trade for the period of max 1 month
Happy Independence Day to all
Jail Hind
IRCTC LOOKS GOOD IRCTC looks good after breaking a channel resistance and trading above so if it will give a day close above channel resistance (635 price) i will go for a long trade in with taking a stop loss below 625 on daily candle basis is looking a good support now, targets mentioned on chart.
Good luck all mates happy trading.
NOTE- Only for Education Purpose.
Please Give A Like If You Like
IRCTC Very SHORT TERM TARGET - 670 (POTENTIAL TO GO MORE UPSIDE)IRCTC has been going upward over the last few days, and with lots of activity, it produced a positive breakout at the 650 level. In coming days the charts may create a Cup and Handle pattern, and if an upside breakout occurs, the next target is 690, with support to Momentum and Indicators.
IRCTC - H&S BreakoutThe analysis based on :
- Inverse Head & Shoulder Breakout
- Close above ema 200
- Descending Triangle Pattern in weekly chart
- Volume Surge
- Gap
Short Term Target Rs 710 ; Stop Loss Rs 640
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
IRCTC Weekly Chart on the verge of a Trendline BreakoutHello Traders,
Posting IRCTC Weekly TF Chart here. The stock has consolidated for a long period of time since the stock split. Looking at the price action if we witness a weekly close above the trendline we can look for long with SL below Swing low.