IRCTC trade ideas
Buy IRCTC at 1423 . Target - 1611. Stop loss- 1406IRCTC Chart Is Showing a Pattern formation Higher Top Higher Bottom . It was Consolidating for 6 Trading Sessions btw ( 1389-1400).
MACD Crossover & SMII Is Showing Strong Bullish Move From Monday. Stock Is Ready For Its Journey towards 1600 within 7 Days.
Bullish rectangle at IRCTC - Go longBullish rectangle forming after an uptrend ending on 21st April 2020 indicates a probable uptrend when the rectangle is completed.
Rectangle pattern denotes investor confusion regarding price, which corrects itself with a following uptrend or downtrend.
Go long when price falls near 1230. Stop loss at 1195.
IRCTCCurrently IRCTC is in range bound movement. It has broken 20 day simple EMA however volume is not supporting it. Also it breakouts on Doji candle which is indecisive candle hence it is not good to trade in it untill it breaks out on either side with volumes
AVWAP Study of IRCTC (Breakout)Self Explanatory & Annotated chart.
VWAP works really well in this stock.
We also got a VCP pattern breakout, today was a retest day, so one can go LONG now!
No Targets in mind but good chance of reclaiming prior Swing High and even exceeding it.
IRCTC - Symmetrical TriangleIRCTC is on the verge of breaking above from the symmetrical triangle.
Initiate long.
Target : 1550-1560
Stop Los : 1400
IRCTC, BUY AT 1300 FOR 2000IRCTC, BUY NEAR 1300 FOR 2000. Clear lower highs and higher lows and is at the last phase too. One of the easy one to buy...
IRCTC , looks good !!!A simple pattern breakout , must buy for 1600_1700 range. For more updates can follow on twitter.
do check previous 15% in a single day advice . !!!
IRCTC Long at 1528Ascending triangle is a bullish pattern.When the upside breakout occurs, there should be an expansion of volume to confirm the breakout. While volume confirmation is preferred, it is not always necessary.
Target - 1925
IRCTC seems like good bet for profitIt is consolidating for a long time and today it tried to break the resistance line. Hope if not done today ..maybe tomorrow. What do you guys think?
Disclaimer: Educational purpose only.
IRCTC Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
what do u say?? big upside or downside?? i am betting upside!Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
IRCTC - Trains are starting againA darling before Covid - 19. Unseen growth triggers which analysts used to share.
The trains stopped and people lost complete faith in the stock.
Above marked price around 1500 it could start its next journey upwards.
Positive trigger is trains have started moving again and people are booking tickets again.
If it doesn't break out then we look at it again around 1100/1150 levels where the short term support trendline is. Either OR for buy points but not in between those trendlines.
Trade Setup On ( 21 MAY ) T1 is the target to be achieved on 22nd may and these are based on my observations . Trade at your own risk
