IRCTC trade ideas
BUYING IDEA FOR IRCTC. JUST FOR EDUCATIONAL PURPOSE JUST FOR EDUCATIONAL PURPOSE.
TRADE AT YOUR OWN RISK.
BE SMART HAVE A STOP-LOSS.
Cup and Handle FormationThe stock is making a cup and handle pattern and looks good above 1811 level.
IRCTC Bullish Cup and Handle patternYesterday on daily chart IRCTC formed Bullish Cup and Handle Pattern with increasing volume. I think one can go long from here. Please study and analysis before taking any position.
IRCTC, CRAZY STOCK NEAR LONG TERM BREAKOUTWe all have seen in past that IRCTC when move, it does give crazy moves. It is currently very close to breakout from important long term Trend line.
All levels mentioned on chart. To reach to stipulated it might take few days as post 1760, we have 1800 & then 1850 as resistance zones.
Thanks
Piyush Gupta
Learn & Earn
[Educational] IRCTC Rounding Bottom Pattern Intraday AnalysisIn today's session, IRCTC has given a breakout of rounding bottom pattern. After this breakout, This stock gives quickly our projected initial target is 1750+ which is the height of rounding bottom pattern.
Traded position:
Buy Entry IRCTC at 1700-1710
Stop-loss 1680
Initial Target- 1750(1:2.5 risk reward)
IRCTC :: Triangle pattern and resistanceA traingle pattern has been formed in IRCTC, also 1500 seems like a huge resistance in 1 day charts.
I'm planning to enter once it breaks 1500, which is a breakout from triangle also.
IRCTC long train is onnow good buying is seen on daliy charts trend is very bulish on monthly long term buy
IRCTC Daily chart if it will break its resistance zone and sustain it then maybe it will reach our targets.
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Note- Do your analysis before taking any action and take responsibility for your action.
IRCTC :: Ascending triangle breakout in daily chart!In the daily chart, we can clearly see that IRCTC has given ascending triangle breakout. Take long positions for the target of 1600.
IRCTC - RectangleRectangle forming on Hourly Chart of IRCTC. BUY above 1525 -> 1540, 1550, 1565. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
