IRCTCShort covering happened in stocks...........................................................................
Trade ideas
IRCTC, a bounce is expected only in this demand zoneif anyone wants to invest fresh in irctc
then zone from 3950 to 3550 is where, I expect a bounce back in irctc
If stock gives close below this level then we have to wait for proper bottom forming
so first instalment of investment can be done in this zone
long term investors can average further down and short term traders can put SL below this zone and exit.
Target will be 6500 around in 2.5 years.
IRCTC for Swing TradeNSE:IRCTC Swing Trade
Current Price : 865
This Script bounceback from its support line and looks strong from here
I’m expecting a significant upmove
Target : 1005
....Grab this oppurtunity...
This is only for education purpose.
IRCTC ANALYSIS 20-10-2021IRCTC 'THE HOTTEST STOCK'
Now its time for TIME WISE OR PRICE WISE CORRECTION
if there is PRICE WISE CORRECTION
NOT DOWN THE LEVELS
1) 4131 or 826
2) 3878 or 775
3) 3367 or 673
4) 2512 or 502
yes looks like a trap
explanation or thinking
ab tk ye stocks market me bhot km tha max. govt. and istitutions ke pass hi tha
to jab ipo se hi retailars me iske liye hipe create kiya gya
economy basis rule jb demand jyada ho supply km to price bdti h
sabhi retailars me isko hr price pr karida best buying price after covid-19 1400-1500 thi jo recommend ki gai thi
ab kya ho skta h
ab ye stock institutions se retailars ke pass shift ho gya h + ab ye split b hone wala h to market me volume aa jaega
also as per technical analysis jb koi stock apne 20 sma se dur jata h to ya to stock ka price sma ke pass aata h ya sma stock ki price ke pass jata h
CMP 5454/1090.8 ABOVE IN %
DAY SMA 4363/872.6 20%
WEEK SMA 3063/612.6 40%
MONTH SMA 1914/382.8 64%
ISLIYE MINIMUM 20% CORRETION DUE HO GYA H
WHO WANT TO INVEST IN IRCTC NOW ON
NOTE ABOVE MENTION LEVELS
SAMJHO AND JITNA INVEST KRNA H USKA 20 % HI ABHI INVEST KRNA
NSE:IRCTC BO TradingNSE:IRCTC
#IRCTC trading above the resistance level.
Key levels marked on chart.
Happy Trading !!!
IRCTC "BUY CALL" POSSIBLE 14% ROIThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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Maverick Trader
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10/11/2021 Research Report For IRCTCDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note I have already bought IRCTC shares for my own portfolio and also we can use this research again for my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do your own research and also do take advice from your financial adviser before invest any single rupee. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy at C.M.P (Current Market Price) and Maximum Below at 900
Target 1:- 1090
Target 2:- 1206
Target 3:- 1502
IRCTC - Long triggered, Trade Update.IRCTC -
a. Rejected 3 times from 800.
b. Likely to see 875, 960 if sustains above 840.
This idea was shared on 08-11-2021 the link for which is shared below, the trade is going on and today it closed near high meaning it is very likely to continue up move.
IRCTC Forming a inverse head and shoulder pattern. Risk to reward can be 1:2 or maybe more. Wait for the breakout above neckline.
PS : Trade at your risk.
Positional Long Trade Setup | IRCTC | SHORT -MID TERMNSE:IRCTC
Observations:
1) On daily time frame, we can see finally, it closed above 10DMA.
10DMA is placed at 845.77 level range.
Please refer below chart : 1 day Time Frame.
2) Also on daily time frame if we apply for FIB Retracement then we can see that it has been trading between 50 & 61.80% level range of FIB.
Please refer below chart : 1 day Time Frame.
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Sustainable breakout of 50% FIB level which is at 895 level range then we can see good upmove.
Major resistance range is 895-905 level range. One can take Buy trade from CMP with target of 905 level if want to have short term positional trade. With SL of 840 level.
Major support is at 800 level. Sustainable breakdown of 800 level will make it bearish.
Anyway, in general IRCTC is a good fundamental stock to have in portfolio for long term.
In mid term, we can expect the target of 1100 and 1200. One can keep SL of 840 or 800 as per risk taking capacity.
-------------------------------------
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with SL as per your risk capacity. This is just my personal view. It is not a trade recommendation. Better to consult with financial advisor before making any investment.
IRCTC: Hold for Huge ReturnsIndian Railway Catering And Tourism Corporation Ltd.
On Daily Tradingview Charts, it has positive Relative Strength.
The stock belongs to the Monopoly category.
It was in consolidating phase but strong support stands at 790.
The resistance comes at 913 and 950 levels.
If it breaches the resistances, more upward moves will be seen.
Note: Not a buy recommendation. For Educational Purposes Only.
Please consult your financial advisor before taking any trade.
IRCTC - Likely to see 875, 960 if sustains above 840.IRCTC -
a. Rejected 3 times from 800.
b. Likely to see 875, 960 if sustains above 840.
IRCTCNSE:IRCTC
IRCTC is a very good fundamental company, after all the drama irctc is now on the 832.
stock is now on the support level and it can go up to the 1000 level,
794 is a very good support level for irctc
Do you sell after BAD NEWS in a Stock! Must see this- IRCTCSTOCK MARKET MYTHS -
There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing.
Myth Number 2- A stock will fall after bad news.
Example- IRCTC -
1. News - Nov 5th - IRCTC, Railway Ministry discussing new revenue share model.
2. Reaction Expected by common people- Another big fall, lower circuit.
3. What happened ? - Initial selling by common people and then IRCTC closed % higher.
WTH happened !!
Reality - A stock may rise big even after bad news.
Taking decision based on this information give you no edge and you will loose over long term.
Big market picture is always given highest priority and buying/selling decision should be taken on this.
Do you think price should rise after good results? Check our other published Idea under 'STOCK MARKET MYTHS' theme.
NSE:IRCTC LongNSE:IRCTC
#IRCTC trading @ support zone and high chances bounce.
830 CE may get good trade today !
Maintain SL @ support.
Happy Trading
Pen-ant Triangle or Flag&Pole formation. Looking for a breakout in coming sessions.
If wrong, do let me know so that I can learn. Thanks.
Risk to reward should be 1:2 easy.
Educational Price Action AnalysisOne should wait for the right level to entry and not jump on every price point.. price action works and respect levels..
IRCTCIRCTC
IRCTC at strong support showing and showing buying pressure. Can go long if it closes higher on a daily chart.
