Simple Trade Setup | IRCTC | 05-08-2021NSE:IRCTC
Simple trade setup mentioned with levels on chart. Hope it is easy to understand.
Do comment your doubt or suggestion.
IRCTC trade ideas
IRCTC | Breaking ATH level, Trendline support + Channel breakoutIRCTC | Breaking ATH level, Trendline support + Channel breakout
CMP : 2110 (Dip 2040)
SL : 1980
Target : Open or 2350 (Based on Fib)
1:4+ risk reward (Fib target)
Similar to CUMMINS chart
IRCTC Swing tradeIRCTC swing trade ....
Wait for todays high to be broken...
Trade with Caution..
Using appropriate position sizing and risk management....
IRCTC TRADE SETUP 30-07-2021 || looks bullish nowNSE:IRCTC
Today it break the trendline, also gave breakout of short term rounding bottom pattern and also tested the long time support zone and closed above it.
This rounding bottom was also made at bottom level of Fibonacci. And that level also gave good support.
Once can enter at CMP for positional trade.
For intraday it better to go long above 2325. My personal view is very bullish on IRCTC now.
Hope my ideas are helping you to understand levels, price action and taking the trade from the right level.
Do comment if you have any suggestion or doubts, I will try to response as soon as possible.
IRCTC Trade setup for upcoming days NSE:IRCTC
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1st Scenario:
After going up it will face resistance in 2350 range and come back to test support on the trendline. And if it gets support from trendline then this will be a buy trade. And if it fails to get support then our sell trade will be only initiated below 2300 level.
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2nd Scenario:
After going up it will break the level 2350 and trade in 2350 range and maintain that level.
Consecutive, 2 (15min) or at least 4 (5min) green candles should be formed above 2350 range. then there will be easy trade on buy side.
All red marked lines will be the target.
IRCTC good for min 5% Good breakout of shorttime structure
taking continuosly support at Yellow Trendline
For swing you can buy at cmp
And SL is any one day closing below that Support trendline
IRCTC TL and Resistance BONSE:IRCTC
Stock looks good both technically and fundamentally
ATH stock all HL's tradable.
Good above : 2465
IRCTCOpening-up theme.
Forming Cup & Handle Pattern. Volume supports the pattern too.
T1-2364 (approx levels)
T2-2730 (approx levels)
Disclaimer: Chart is shared only for educational purpose. Before investing please consult your financial advisor.
India ki Sawari - IRCTCThe trend of travelling is picking up in India...this is also the sign or major consumption trend.....
The recent move-in IRCTC is not over.....today's closing is almost near to the 1.6 Fibbo level, the move may extend further till 2600.
Positional targets are around 3000...
Positional Buy (Aug Exp target 2800-3000)
IRCTC Rocked - More Juice To ComeIRCTC Buy Call was shared on 12 May 2021 . Our Buying price was 1820 , today kissed 2400++ . Almost 34% return on investment.
Can book partial profit. Bye the way the stock is heading to 2800++. The red trendline is the major support for IRCTC. Short term swing traders can TSL @ today's candle low.
Below is the Buy Call shared earlier.
IRCTC Weekly breakoutIrctc has given a fresh breakout on weekly candle 5-10% move can be expected in 1-2 weeks
impressive breakoutIRCTC breaking out from a triangle pattern with good volume, wait for the retest at around 2120 and can go long for approx 20% upmove, stoploss 2000.
