IRCTC - Weekly AnalysisIn the Weekly Chart of IRCTC ,
we can see that; it has multiple rejections to trendline.
Take a Simple trade, Enter at 720 with SL as 690 and make it an invest for 3 years.
IRCTC trade ideas
IRCTC Nov-Feb 2024IRCTC is a positive buy.
Entry: 670 Long Term Target 1100
Support Buy @ 558
Targets : 760 / 840 / 960 / 1100
Levels for enter and exit are marked on charts
Stay safe.. Trade according to your risk profile.
Let me know if you agree or disagree in comments... Looking forward
Best Regards
IRCTC bullrunExpecting a rally till 770 1st followed by 800+
Good buying seen in railway stocks, some news incoming this month.
Might be a hero trade of this month.
Looking at price action, thinking of buying some otm opts
IRCTCWelcome to this analysis
Stock had a dream listing and a very strong 2 years bull trend. Post that it saw a sharp retracement.
Now, it appears to once again attempting another rally after making a double bottom in the weekly time frame.
Range for short term 725-690 for medium term 900-650
Happy Investing
Somethingh is cooking in IRCTCPositive crossover of moving avg on weekly chart, looks good for six months like BSE, MCX etc. May be blast.
IRCTC looks good for investingThe long-term prospects for IRCTC appear promising, supported by its historical bullish trajectory. Following a substantial correction, the stock has retraced to a key demand zone, signaling a potential trend reversal. The price action suggests that the corrective phase may be concluding, laying the groundwork for a renewed upward movement. Investors are keenly observing these developments, considering the favorable positioning within the demand zone as an opportune moment to capitalize on potential future gains.
IRCTC- Long TermIRCTC Long term analysis.
Long term target go for as long as 1000.
Let me know what you think about this.
india runs on trainsafter a decent breakout stock seem to retest the breakout level, it should hold if the market holds and should see nice upward move
IRCTC-long Bullish changes eveloving
1.price above short,medium,long trend EMA
2.price supported by 18 day EMA throughout
3.golden cross about to happen
4.inverted H & S pattern
640 to 630 is an ideal level to accumulate
Trendline breakout on weekly chartWedge pattern formation on the weekly chart.
Close above 665 will be considered as a breakout.
BUY - 665, SL - 620
NOTE:- Please maintain good risk to Reward, as per your risk appetite.
May dropAs per analysis IRCTC may drop more , I know many may gone strange but I think it will happen ..
may be by ending of this FY
IRCTC can touch 717...LongIRCTC can go down till 650...SL 638 but it can go till 700, 717 levels as per the chart.
IRCTC IRCTC LOOKING GOOD after close above supply zone in weekly time.
wait for candle close in weekly time.
NOTE- Only for Education Purpose.
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IRCTC - Weekly AnalysisIn the Weekly Chart of IRCTC ,
we can see that; it has made a Inside candle which is one of Favorites.
Enter on breaking its High with Low as SL.
Invest in IRCTC for at least next 5 years.
Expected momentum is shown in chart.
A Strategic Trade Idea for IRCTCIn this insightful post, we delve into a compelling trade idea tailored for the upcoming trading session of IRCTC (Indian Railway Catering and Tourism Corporation Limited). Discover expert analysis, market trends, and key indicators guiding this strategic approach. Explore the potential opportunities and risks, empowering you with the knowledge needed to make informed trading decisions. Stay ahead of the curve with our comprehensive analysis, ensuring you are well-equipped for the next IRCTC trading session.
Unlocking Potential: A Strategic Trade Idea for IRCTC in the NexIn this insightful post, we delve into a compelling trade idea tailored for the upcoming trading session of IRCTC (Indian Railway Catering and Tourism Corporation Limited). Discover expert analysis, market trends, and key indicators guiding this strategic approach. Explore the potential opportunities and risks, empowering you with the knowledge needed to make informed trading decisions. Stay ahead of the curve with our comprehensive analysis, ensuring you are well-equipped for the next IRCTC trading session.
Spend your CTC travelling on IRCTC with ECSTASY-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.
IRCTC READY FOR BULL RUNIRCTC looks really good, it's trend is reversed, and after pull back, it's again starting to boom
IRCTC InvestmentLooking good for investment. 18months triangle breakout . Retesting 72EMA wacth-out for Entry point.
Make your own decision.
IRCTC LONG IDEA ON WEEKLY TFIRCTC may enter HH HL structure after its breakout, it may consolidate a bit but considering upcoming festival season we can see a rally in IRCTC.
Enter at current price range 680-700
SL at 645
Target 850, 900.
TRAIL USING 20/50 SMA.
IRCTC long, In wave 3rd of 3rd IRCTC long with stop loss given in chart as red line. One immediate stop loss and lower one is long term SL for long term targets
Green lines are T1, T2 and T3 targets with obviously increasing timelines to achieve.
For educational purposes. Elliot wave numbering shown, let me know if incorrect numbering done.
