MY WAY OF ANALYSIS @IRCTCIRCTC will cross 850 mark
1.7 lac buying
COT of 10 times
stalked mometum
close abv day vah .
IRCTC trade ideas
IRCTCPosition call( 3 month )
IRCTC
Above 853
Short time Target 870,920,940
Long term Target ,1000,1200,1500
Stop loss 777
Simple Trade Setup | IRCTC | 04-01-2022[INTRADAY]NSE:IRCTC
Observations:
1) On 1 day time frame, we can see that is trading between 21DMA and 50DMA.
50DMA is immediate resistance and 21DMA is immediate Support.
50DMA is placed at 847.04 level and 21DMA is placed at 839.50 level.
We can also see that it is still trading below resistance channel.
Please refer below chart : 1 day Time Frame.
-------------------------------------
Trade Setup for Date: 04-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
IRCTC GETTING READY FOR BIG MOVE Stock is undef pressure because of new varient of covid , but its alreadu completing correction on 3 hour chart pattern, can go long with sl 810 for target 1250 in 2022
IRCTC buy zoneIRCTC is trading near demand zone and fib is also supporting. Lets wait and watch. expecting 860 again
IRCTC DESCENDING TRIANGLE BREAKOUT - BULLISHNSE:IRCTC Is bullish above 850 as the descending triangle pattern has been broken after 3 months and now it can give an amazing up move after a successful retest. for more detail go through the text shared on chart.
ENTRY - On retest from 850
TARGET - 990, 1170, 1270
SL - 750
IRCTC | At major breakout level IRCTC at major breakout.
On sustainable breakout of 880 we can see up-move with target of 920
Symmetrical Triangle Breakout done .Waiting for volume confirmation. Should break 876 level for further move
MIGHTY IRCTC Well the mighty IRCTC is breaking the region of consolidation. Possible long move expected from CMP.
This is not a call, do your own analysis before investing.
IRCTC - Ready For A Big MoveIRCTC
Buy-Above- 880
Sl-780
T- 1010 1200+
The stock has been consolidating after a good correction. It has stopped making lows. Buying Activity is been seen here.
It will show good momentum after the level breaks.
IRCTC - Evening star on 24/12 - Descending traingleIRCTC is making a move and has already formed a H&S in the past, currently it is saturating within triangle.
On Friday (23/12) it has formed an evening triangle which can move the price downwards.
FSP
IRCTC - Descending TriangleDescending Triangle.
If it breaks 776 and 760 then it may go down to 545 level ?
BULLISH ON IRCTCThe stock is forming higher lows, with entry in the MSCI and strong stake buying by Morgan Stanley great movement is expected. Also with opening up in domestic travel, catering services upcoming results of the current quarter is expected to show a better growth. Stock is facing consolidation right now and upper band resistance of 933 which is the first target. Highly recommended with a stop loss of 780 for a first target of 933 simultaneously 1050 levels.
#IRCTC Cash : Looks good above 863.10#IRCTC Cash - For 2-3 days
08 Dec 2021
Looks good above 863.10
Stoploss 852
Target 872/888
Cmp 853.40
IRCTC TRADE SETUP FOR TOMORROWAs you can see in the chart, IRCTC has made the between 824-780.
.
So stock has already filled the gap and then took a correction now it again in the upward momentum.
.
So for tomorrow if stock goes above 825, you can buy this trade for the target of 838.
.
What's your view on this comment below in the box.
Broken triangleI not SEBI registered advisor. Please take good caution in enter a trade based on this analysis.
This analysis done just for learning.
Buy for Intraday at CMP for 2 to 3% returnsLast 3 candles in hourly time frame have closed above 50 Dema. After 16 Days it has closed above 50 Dema.
NSE:IRCTC key levels marked on chartNSE:IRCTC
#NSE:IRCTC gained momentum and key levels marked on chart !!
IRCTC broke away Triangle and heading down IRCTC
1. Broken the Triangle and heading deep down
2. Conservative targets are depicted on the chart
IRCTC - clear RISING WEDGE PATTERNIRCTC- Down trend... a bearish RISING WEDGE pattern shows a slow consolidation higher after an aggressive downtrend...
