Trade ideas
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)