Breaking the MomentumGood Volumes Broken Recent Reistance Inside the Cup Uptrend Booming Railway Stock Longby dumb_chartingUpdated 5
irctcirctc looking well-positioned for 5th wave as per Elliot wave its in 5th wave 3rd wave correction needs to watch Longby PatilsMoneytree0
IRCTC IRCTC is breaked major trend line and small retracement happened. it is good time to short entry in this stock and strictly maintain sl@ 673 with daily candle bases . my view is small correction happen in this stock for short term so we have wait for target@615,580Shortby Ashokdyavan123Updated 9
IRCTC - Dont miss the TrainIRCTC - after 2 years of going South direction now Looks like moving towards the North. Overall stock is trading above all moving averages on D/W/M time frames. Every indicator is on Green. But wait for 920-925 level to take out before taking the next entry. Missed 775 to 917 drives within two trading sessions ... but this is clearly indicated before. Look at these : 1st Indication 2nd Indication Consolidated NET Volumes have been on the BUY side for the past 9 weeks. The trend is also on the positive side. Study further before making a decision. by rvc82802
IRCTC | Swing Trade📊 Details Incorporated in 1999, IRCTC is a Mini Ratna (Category 1, Central Public Sector Enterprises ) and the only company authorized by the Indian government to provide online railway tickets, catering services, and packaged drinking water at railway stations and trains in India Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 8815
IRCTC Long8 day 30 minute breakout, supported by Volumes heading towards 910 next targetLongby AsheeshArora1
Possible Reversal in IRCTCYesterday, IRCTC entered in supply zone. Today it has made long legged Doji candle. Following factors may cause a reversal: (i) Supply Zone (869-929) (ii) oversold daily RSI (84) (iii) too much distance between candle and 20 EMA Disclaimer: This is not a buy / sell recommendation. I am just observing technical indicators.Shortby MohdGhufran2
IRCTC - Ready to breakout again!IRCTC has given multiple small breakouts recently. Now it is on for a major one! IRCTC made double bottom pattern after a long consolidation of multiple quarters. It has now shown good volumes interest in past a few weeks and is ready to give the breakout from its previous high of 758. Once that is done it will be out of lower highs trends and get into higher highs - higher lows pattern. CMP: 740 Breakout level: 760 (751 will give the breakout but it will have another resistance at 760. So its better to take 760 as the breakout level. target: 870 SL: 738 Hope you make a lot of wealth. Remember: Skilled knowledge is the most precious wealth! Disclaimer: I'm not a registered analyst. I'm just sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade. by anuragcoma15Updated 115
IRCTCKeep an eye out for Breakout... Looks goods above 647 SL can be maintained below the Breakout candle... Longby Knox1411Updated 4
IRCTC-Inverted Head and Shoulder BreakoutIRCTC has formed IHS Pattern in daily chart.Increase in volume suggests a likely IHS Pattern break out. Sustaining above its neckline levels of 760 likely to test 800 followed by 850-positional target.Longby CSB68Updated 1
Education Price action analysis - IRCTCHypthesis Stock is making a rounding bottom pattern Stock is trying the break the multiple resistance Entry >770 Target Next resistance SLT 733Longby navingoyal2003Updated 1
INDIAN RAIL TOUR CORP LTD. LONG-TERM INVESTMENT OPPORTUNITYINDIAN RAIL TOUR CORP LTD. LONG-TERM INVESTMENT OPPORTUNITY Hello traders! key points: 🎯It appears that a Double Bottom has formed, the stock has made a lower low, and now the price is ready to move higher. 🎯The price crossed its weekly resistance level. 🎯A bullish crossover has formed on the MACD oscillator, and the Rsi indicator is above 60. 🎯Volume is also increasing, there is a strong possibility of price increase. Major Level: Support Price Level - 758 Resistance Price Level n/a Entrance Area: The optimal entry offers the greatest reward-to-risk ratio while the optimal entry is an area for reversal signals. Optimum Entry Nearby – 850 Stop loss - weekly candle close below 758 Target Price 1st - 1279 Target Price 2nd - n/a risk: As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio. If uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital. If the weekly candle closes below the price level of 758 – This suggests that the structure is not in our favor and it would be wise to reduce risk or close the trade until a solid signal gives us reason to re-enter. Longby ramumaurya1
Triangle Pattern Breakout Seen in IRCTC | It's Ready to take offHello Traders & Investor, Guy's We have seen neat and clean Triangle Pattern breakout on Daily Chart, earlier Price was consolidating inside the Triangle Pattern since last 2 months and forming a perfect Triangle Pattern. Finally in yesterday session it have given breakout, now this is Ready to fly in blue sky. Technically and Fundamentally this is Strong Company with Mini Ratna Tag (Category 1, Central Public Sector Enterprises ) and the only company authorized by the Indian government to provide online railway tickets, catering services, and packaged drinking water at railway stations and trains in India. So this is monopoly business which runs by one of the best management owned by Govt of INDIA. MACD has already given bullish crossover, 21-EMA already crossed above 50-EMA on chart, Price is above 200-EMA from last 9 trading session, So all these parameters showing bullishness in this catering stock. We have captured on very right time when it has given a breakout. Now if this goes for retest the levels, try to accumulate with given levels. And again this is again a portfolio stock, so think for long term. For trading perspective i have already written the levels. About Company:- Incorporated in 1999, IRCTC is a Mini Ratna (Category 1, Central Public Sector Enterprises ) and the only company authorized by the Indian government to provide online railway tickets, catering services, and packaged drinking water at railway stations and trains in India. Business Divisions:- a) Catering and hospitality b) Internet ticketing c) Packaged drinking water d) State teertha e) Tourism Company manages catering and hospitality services at railway stations, on trains, and other important locations and promotes domestic travel and international tourism through the development of budget hotels, special tour packages, and e-ticketing services. Rail Neer plants:- With 8.03 crore+ users, IRCTC offers a one-stop solution for a comprehensive range of products and services related to travel and tourism. Company has 15 Rail Neer plants and 11 base kitchens. The company operates through 5 zonal offices, 10 regional offices, 1 corporate office, 1 internal ticketing office, and 1 tourism office. Company is setting up 5 more Rail Neer plants in Vijayawada, Vishakhapatnam, Bhusawal, Bhubaneswar, Kota, etc. [b Market Cap ₹ 56,588 Cr. Current Price ₹ 707 High / Low ₹ 758 / 557 Stock P/E 52.4 Book Value ₹ 35.6 Dividend Yield 0.78 % ROCE 59.2 % ROE 45.4 % Face Value ₹ 2.00 Debt ₹ 66.8 Cr. EPS ₹ 13.3 PEG Ratio 1.50 Promoter holding 62.4 % Intrinsic Value ₹ 337 Pledged percentage 0.00 % EVEBITDA 36.0 Change in Prom Hold 0.00 % Profit Var 5Yrs 34.9 % Sales growth 5Years 19.3 % Return over 5years % PROS:- Company has reduced debt. Company is almost debt free. Company is expected to give good quarter Company has delivered good profit growth of 34.9% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 34.6% Company has been maintaining a healthy dividend payout of 43.0% Debtor days have improved from 158 to 118 days. CONS:- Stock is trading at 19.9 times its book value Promoter holding has decreased over last 3 years: -25.0% Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.Longby TraderRahulPalUpdated 35
Irctc weekly resistance break Irctc trying to break it's weekly resistance ,according to theory when a stock break it's strong resistance after consolidation, a move possible till next swing high.also changing it's trend from LOWER HIGH LOWER LOW TO HIGHER HIGH HIGHER LOW. **For education purpose only**by Jaydeeppandya972
IRCTCIRCTC formed a cup with a handle pattern, and on a 1week time frame , it showed a BOS (Breakout Structure). thus aiming for the target of - 1) 850, 2) 900, 3) 930, NOTE - 930 is an important point. soon it will be a multi-beggar. Longby SUTHARTRADE0
IRCTC analysisFOR EDUCATIONAL PURPOSE IRCTC- I am going to buy this stock on Monday as this stock is looking good to me This stock is trying to come out from consolidation and it can do good from here I am looking for 35% from here with SL of 12%Longby Its_Bhushan1172
Narrow range breakout on Monthly chart - IRCTCIRCTC trading from the last 13 months in a narrow range, Current month if closes above 780 can be considered as breakout. BUY - 775, SL - 660 NOTE:- Please maintain the good Risk to Reward, as per your risk appetite. Longby LearnerSujitC1
IRCTC 10% upsideIRCTC trend line breakout in 2hr timeframe. It can easily give 10% upside move.Longby ashishhcUpdated 15
consolidation mode key points : * I have drawn the traingle but it doesn't look like a ascending or symmetrical one. but fibonnaci retracment shows that it will break the green line but after some ups and down moves. *MACD is not currently showing any sign of breakout. *RSI also shows it is overbought. *wait and watch scenario so far until some positive news comes up. Longby Naagraj54411
IRCTC | Time to ride in Indian RailwaysStock has been consolidating since very long and its on the verge of breakout from triangle pattern. Since volume has been try since very long hence confirm the volume at the time of breakout to identify if it is a false breakout or not. Entry -: 675 on closing daily closing basis Target -: 990 SL -: on closing daily closing basis RRR -: 1:4 Use trailing SL after 1:2 RRRLongby tiwarishivam178Updated 6
IRCTCIRCTC - Looking good for swing trade Buy above 715 | Tgt 750, 775 | Sl 690 It is my view, to trade on your own analysis Longby sydrabUpdated 119
IRCTC Long on breakoutA Range breakout on IRCTC after 715 and target to be 10% from hereLongby badalgupta7182
IRCTC- DOUBLE BOTTOMOn the verge of Double bottom breakout for the target of 918, 970. Weekly candle close above 770 is needed before entrying. Note: This is for educational purpose only.Longby Flash_J2