IRCTC trade ideas
Irctc in consolidation zone .Irctc trading in Consolidation zone.
Both side possibilities.
If break levels long move expected.
IRCTC long Breakout possible above 870
Buy above 870 for a minimum target of 920 with a stop loss of 835
Weekly performance SUPER SE UPAR PERFORMANCEGlad to announce weekly performance of the trading Ideas recommended from 3.1.2022 to 7.1.2022
TOTAL 14 CALLS : 7 Booked profits
6 Open
1 Stop Loss Hit
IRCTC Price Action 1. IRCTC Increase in Volume in By side and price rising with Rise in RSI , Moving Up
2. Stagnated for Quite a while , Supply is squeezing and , At the Base of the Volumetric Profile avg
3. 1 Month: Delivery volume fell by -62.31%
Delivery volume increased by 160.24% over 5 day average
4. Volatility around 52% , Lower TF RSI increasing
5. Mutual FUnds Shed around 7% Share in from March to septemer , Now near sept 2020 % Levels of , Retail is buying with FII and DII selling
6.F&O data suggests Long Buildup today
7. 32.7% away from 52 week high
TARGET 1 ,2,3,4,5, as shown in the Chart
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Its ready for a bull run , Voume is increasing ...
Go long for first target Invest 20%
LIKE IF YOU AGREE
IRCTCHi All,
As per my understanding in IRCTC a bull flag pattern has formed which is basically a bullish pattern. we can expect further upside move for the target of 900 in short term.
BUY ABOVE 845
TARGET 860-865-875-890 900+
This is my personal view kindly do your own research before investing.
IRCTC should invest? now?IRCTC> needs no introduction ,came under the eye of many investors after there stock splitting news.Well let see what charts says now!!
1.following a trend line(pink support area) if comes back at that again then can consider to but
2. When come at support RSI >50 at least and increase in volumes as well.
3. target could but t1 levels but if you want to ride then don' forget to put SL below the T1 levels and your T2 become 1000rs.
Happy trading!!
IRCTCDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
LONG : IRCTC Pattern Breakout & Retesttriangular pattern breakout and retest long for now
rr - 1:2.5
irctc bullishirctc looks ready to break out of the box, bounced from anchored VWAP
budget effect likely
for education purposes only
warning PE 167!
irctc bullishirctc looks ready to break out of the box, bounced from anchored VWAP
budget effect likely
for education purposes only
warning PE 167!
IRCTC For Swing...Breaking out after high contraction in Volatility (VCP)
TGTs 1000/1100
SL below 820 to be precise 775
trade on your riskk...
Happy Trading...
IRCTC Cmp 843 dated 6.1.2022 IRCTC Cmp 843 dated 6.1.2022
1. Consolidating in Narrow range.
Buy for a tgt of 875 SL 818
Above 880 it can move up to 900-930-990 SL 800
(For Positional trade)
It is just a view, pls trade at your own risk.
MY WAY OF ANALYSIS @IRCTCIRCTC will cross 850 mark
1.7 lac buying
COT of 10 times
stalked mometum
close abv day vah .
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.
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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
