IRCTC trade ideas
IRCTC- Ichimoku Bullish Breakout Stock Name - Indian Railway Catering & Tourism Corporation Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 762
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
IRCTC - Ichimoku Bullish Breakout Stock Name - Indian Railway Catering & Tourism Corporation Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 730
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
IRCTC: Looks Bullish, Head & Shoulder!NSE:IRCTC looks Bullish.
All the Stocks in this Railway Sector have picked up significant momentum & have given a breakout/ near a significant breakout level.
These Stocks include:
NSE:IRCON
NSE:RVNL
NSE:IRFC
NSE:RAILTEL
Volume Profile looks good!
Have mentioned Entry, Exit & StopLoss on the Chart.
All the best. Manage your risk wisely!
IRCTC: Ready for another impulseAfter the formation of ending diagonal stock has given an upside impulsive rally and undergone into a corrective phase. The recent price action suggests that corrective phase has been over and stock is ready for another leg of impulse on the upside.
One should buy the stock in the current levels or on dips near 730 zone , keeping SL of 660 look for the tgt of 840-45 and 920-25 region in the coming weeks.
BULLET TRAINIRCTC looking good on weekly by breaking falling trendline and gives a strong close on that trendline, RSI indicator shows a breakout too on a resistance too which mentioned as RSI resistance too so we can see a coming bullish momentum in stock very soon.
Cause of long so far-:
1-Falling trendline breakout.
2- RSI resistance breakout.
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:-
IRCTC - Short Term swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.