IRCTC trade ideas
FALLING VEDGE PATTERN Hi traders if break the pattern the target is previous high or double of previous high value.
IRCTC | SUPPORTS & Elliott Wave Analysis | Entry Mid-long term
There are 3 possible fresh entries if you want to go long on IRCTC for mid to long term.
It is forming a good Elliot wave corrective phase.
It would be a good buying if we expect a rebound from any of the supports.
IRCTC Looks weak !!IRCTC : cmp: 830.75
On the verge of break down.
Closed below previous low. Facing resistance near 850-860 level.
Closed below 50 DEMA. RSI trending down.
May test 800/785 level.
View negated above 858 level.
Sell on rise candidate.
Below 785 it may go up to 700-640 level.
can take position in future and option also.820/810PE can be look after.
if it opens lower wait for the bounce for shorting.
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IRCTC AVWAP BUY DAILYIrctc touched its avwap 726 on Daily TF. Can buy now and follow moving average system for trailing profit.
Stoploss just below avwap 726.
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[Buddha] IRCTC Inside Bar IdeaLong 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.
IRCTC up or Down @irctc up or Down . For support and resistance levels see chart. Never ever underestimate market. Market knows when to give and when to take out from you. Investors can accumulate in dips for long run. Don't buy in Margin trading funds. Invest and forget and don't use this shares to pledge for margin. If the price bounce backs in levels accumulate...
SUPPORT LEVELS FOR IRCTCOn many requests, here is the analysis of IRCTC.
We strongly believe IRCTC will be a good buy for mid to long term investment at levels marked with green color on the chart. Those looking for a fresh entry, can buy in parts on green levels and hold for upper marked targets.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
IRCTC LONGIRCTC LONG
At some major support levels.
Accumulation levels from 650s with red line as the support.
IRCTC - Long/Short OpportunityShort/Long Opportunity -
IRCTC is in the sideways zone on the daily & hourly chart. If its candles traded between 810.30 to 799.20, then we have to ignore this stock, as there is a high chance that this stock will go sideways. There is an important level of Rs. 811.15. If any candle closes above this price then we can go for long as there are bullish sentiments expected in this stock. But if it closes below 799.20 then we can go for short, it will happen if the international market crashes.
IRCTC - Long OpportunityLong Opportunity -
IRCTC has made ascending triangle pattern and it closed above this level. It means that there is a bullish movement expected. The level of Rs. 809 is the Minor SR, if the first candle closes above this level there will be a strong movement expected. There will be a target of 20 for intraday.
Indian Railway Catering & Tourism Corporation Ltd - 25.02.2022Indian Railway Catering & Tourism Corporation Ltd - 25.02.2022
The stock is trading @ 800 levels
There is a hurdle @ 802 levels
The prices are below EMA
RSI is 52 in Weekly Charts
Let the prices go above 818
watch out for the price actions
IRCTC - Long OpportunityLong Opportunity -
IRCTC - Indian Railway Catering Tour Corp Ltd. is in the trend reversal mode. It closed above the strong support level of Rs. 781.10. The CPR & CCI is indicating there is a bullish move expected on Monday. If the first candle of this stock is close above this trend line then we can go for long.
IRCTC - Short OpportunityShort Opportunity -
IRCTC - Indian Railway Catering Tour Corp Ltd. was in a sideways zone on the daily timeframe. But on 24th Feb it has broken support of Rs. 774.45 and gave a big move on the downside. As per the daily chart timeframe the candle closed below this level, so it is expected to go down. The CCI, MA & VWAP is clearly showing a downtrend in IRCTC. We can go for short if it opens below this level.
But if this stock opens between the previous day's gap, then we have to give the time to market to fix their move, and only then we can enter.
IRCTC - Long Opportunity*Long Opportunity* -
IRCTC has made a bullish peanut pattern, which indicates that there will be a bullish move expected. The MA is headed to the upside, which confirms the uptrend. If the first candle of this stock closes above this pattern then we can go for long.
IRCTC Cmp 814 DATED 23.2.2022IRCTC Cmp 814 DATED 23.2.2022
1. Closed above trendline.
2. RSI reversal.
Buy for a tgt of 840-875 SL 790
It is just a view, pls trade at your own risk.
IRCTC - Long/Short OpportunityLong/Short Opportunity -
IRCTC has strong support on Rs. 781.55 & stock has sustained to this level till now. Also, there is resistance at Rs. 793.83. The MA is showing a sideways zone. There are high chances that this stock will cross-resistance and give bullish movement because the CCI is indicating a bullish move. And if we observe it very closely there is a small cup & handle pattern that has formed.
But if this stock first candle closes below support level it might give you the bearish move. As per the CPR, we are expecting a big move in this stock.
But we have to be curious because the international market is bearish and very volatile. Let the market settle and only then we can enter.
IRCTCIRCTC -
There is narrow CPR in this stock. CCI is near -100 and VWAP has crossed MA at the downside. So, we can consider this as a downtrend in this stock, if this trend continues on Thursday. But we have to wait for the confirmation! As you can see there is two line zone drawn in this picture, if the stock gives a breakout of the resistance line, then we can consider it as an uptrend.
The first candle will matter the most, According to the Fib Retracement tool it might take support at 0.382 level and can reverse.
IRCTC INTRADAYINTRADAY SHORT TRADE AS PER CHART. short at 850 for target of 840+ with stop loss of 855
Irctc Breakout (07-01-2022)irctc break out 3 hour chart
stoploss carrier 844
this stock consoldition 1hr,2hr,3hr
