Irctc Head & shoulderIrctc buy above 639 target 690.
Because - Invert Head&Shoulder form
- High Volume Comes
IRCTC trade ideas
IRCTC Bull run DepartureIRCTC rally Departure
Inverted H& S rally may continue
further concentrate if price sustain above 639 in 4hrs
IRCTS GETTING READY FOR AN UPMOVE AFTER 55% CORRECTIONIRCTC made a very good Falling wedge pattern and gave a breakout of that 2 weeks back.
It has been consolidating in a range for 2 months now and yesterday gave a breakout of that range.
These multiple bullish signs show that the stock is getting ready for an upmove now. Buy above 640
level for 1st target 665 (which is also it's 100 EMA. Once this level is breached it can move to next
targets 708 and 765 positionally.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Irctc making inverted head & shouldersNote that entry should only be taken if it pullsback and then continues upwards.
IRCTC - On the runWave 3 emerging
Expect a small pullback till 620-25 levels
Sl below 600
Tgt upto 715-725
Buy on Dips !!!
IRCTCStock has closed strong above the supply zone with a good volume. BO traders can enter here and pull back traders wait for the retest(If it does).
IRCTC - Trend reversal confirmed - LONGIRCTC has given Inverse Head and Shoulder pattern breakout at 620 levels.
Looks good for investment. We can look for initial target of 665+ levels, then 700 and then 830+ levels.
IRCTCDisclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets neither advice nor endorsement.
irctc buy tradeirctc buy trade near new uptrend line , where stop is around 585 and we can aim for target of 686...a risk to reward of 1:6
Irctc _ time to add After long getting some interesting point to add irctc in portfolio now
1. On weekly taking support of EMA100.
2. On monthly trying to take support of EMA20 abv 600.
3. If we check fib retracemnet, taking support on Golden Ratio 0.618 n taking bounce.
4. If we put Anchored VWap on 1st candle on monthly chart, it's taking support of AVWAP' high, also it's the point where institutions enter and support price and take it upside as AVWAP shows their avg buying, so they try to push price high to avoid loss and remain in profit.
5. On log chart it's on bottom of the chart so should start it's upside now.
However all above points does not mean it will rocket in no time, whereas it shows the time to enter in stock for long term , above 640, there are minor resistance like 715 and 812, for 830 and 1000 target which is apprx 40 and 68% target.
On daily chart showing HH structure and bullish divergence on 2H chart. Perfect time to enter with small SL of 530.
IRCTC 1HJust placed my idea in Position drawing.
Can go more upward.
Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting).
Grey : Small Resistance/Support Levels
Green: Buying or Support Zone (buy at support)
Red: Selling or Resistance Zone (but after breakout)
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
IRCTC - Bullish BreakoutFocus on IRCTC as it broke out the resistance and comfortably closed above it.
Also, the delivery % seems high compared to last few trading sessions, so hopefully, big players are entered into this.
Can go long above 604
Targets given.
If you agree with my analysis, give your support by giving a like, which will motivate me to share more.
Also, my previous views are in profits, just take a look at this
For educational purpose only.
IrctcIrctc bullish move, low dependability, keeping the first tgt small, but if breaks then a big upside possible. Above 590 is +ve else Exit.
IRCTC 1D Long IdeaRSI Bullish, Holding Fibonacci retracement level 0.786 well with double bottom formation. Possible relief bounce from here for short term. Risk ratio also good.
irctc buyirctc
buy 590.65
stoploss 557
target 650 or 700
#risky #nfa
this stock good price action
risk or macd
Can go with IRCTC for short termirctc is luking gud for upmove after BO
T1- 650
only for Educational purpose
RCTC cMP 583 DATED 7-7-2022 HAMMER AT BOTTOMIRCTC cMP 583 DATED 7-7-2022
1. Hammer Candle at the bottom.
Buy above 585 for a tgt of 600-620-640 SL 565
It is just a view, pls trade at your own risk.
volume support trackNSE:IRCTC
IRCTC at a support level of 0.618 Fib. level and if volume increases then immediately go for long.
As a monopoly firm is called.
Thanks...
IRCTC is an excellent buyStock has corrected a lot from its highs and has reached an excellent support.........confluence of 61.8% fib.level and pitchfork median
IrctcVolume increase and best resistance level for this chart and good pattern showing on this chart and get best level on fib ristancment and it is good for level on this screen for next day for day trading.
SHORT IRCTC ON RISEIRCTC is clear cut in bear territory with expensive valuations. Good time to short after decent bounce. Short IRCTC june or july future till 660 for 600/575 and 550. invalid if IRCTC stays above 690 on two day closing basis. #positionaltrade
IRCTC formed good base and looking good above 601 for target 614IRCTC formed good base and looking good above 601 for target 614
