IRCTC trade ideas
[POSITIONAL] IRCTC LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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IRCTC taking support from imp levelIRCTC is still in a consolidation zone, but it is constantly taking support from 785-795. Today also it took support from this area and also the volume is also greater than yesterday's, which shows that it has some strength in it.
A nice swing trade can be initiated tomorrow where our SL would be below 772 and we can get first target of Rs 841 and 2nd could be near Rs 875.
IRCTC reaching its support !!!#MONDAY#
NSE:IRCTC
HINT :-
{
IRCTC is approaching its support level ;
it's approaching its best support level ;
it failed once after breaking through it ;
this time it may break successfully ??? ;
have an eye on this stock ;
add this to your stock watch-list ;
Even BOLLINGER-BAND is getting squeezed ;
}
{
trigger price:-780
Target :-866
Stop-loss :-755
}
IRCTC is ready to 🔥🔥 in coming 2 weeks .irctc is now ready to fire in coming 2 weeks .
as per my analysis ,when weekly SMA crosses RSI , it came into my radar for short and mid term .
and also irctc price will cross Bollinger bands midline after 10 Weeks .
start accumulation.
Like and follow me if you agreed my idea
[BUDDHA] IRCTC Inside Bar Trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.