I R C T CIRCTC broke out of falling wedge pattern on daily/hourly TF with good volumes.
Could be bought with mentioned stoploss & target.
IRCTC trade ideas
irctcirctc trading in range
making pennant pattern
made double bottom
let see what happen
its only view
IRCTC -Looking Good For Swing.IRCTC - Looking good for Positional.
On a good support Daily Time Frame.
MACD also Bullish.
Upper Targets- 650-680+
Weak Below - 600.
IRCTC PROJECTIONIRCTC FUTURE PROJECTION : IRCTC is running inside a triangle and the highway it had taken broke from above to ₹550 then to ₹770 broke to 770 then to 550 to 550 then it made a turn up a bit to 550 again moving further expect it to 550 or even lower to 500
IRCTC Breakout | Short Term CallIRCTC stock now trade 662.45. Stock trade near breakout level. Once break and hold above 675 upmove start. Buy Above 675 Hold 1 st and 2nd Target.
Time Frame : 1 to 3 Month
Target mention in chart.
Weekly chartBuy above 645 Breakout can Be Ready short term Target 680/725
In this time stock can consolidate
For last few Any time Breakout possible
Long position for IRCTC Inverted head and shoulder and shown break out now wait for the retest of the 656 to 650 level.. Volume is increasing
T1-6.5%(705)
T2- 11%(748)
#Nifty #long
IRCTC: Expect to go short before it goes long
Before going long on IRCTC, I expect the price to go down first and halt at the major trendline support. Please see the zoomed view of daily chart left side one for more detailed explanation.
On the right side you see a flag and pole pattern developing that suggests the price will go up eventually.
This is more of educational purpose and it's important to note that this analysis is based on technical indicators and further research and analysis are recommended before anyone making any investment decisions. You alone will be solely responsible for taking your own decisions.
IRCTC- BuyIRCTC is ready for rally as per chart & news.
Buy @668 and other levels mentioned in chart
IRCTC - Weekly AnalysisIn the Weekly Chart of IRCTC ,
we can see that; it has given closing above trendline.
Let it retest and then we can enter with SL for above targets as per risk ratio.
IRCTC -1D | Bullish or Bearish?Hello Traders, Welcome to Oneshot Traders!
IRCTC Breaks 6 months of consolidation in daily time frame. But it's not enough to go for buy positions in IRCTC because it still under a bearish trendline which shown in chart.
If the price breaks that trendline then we will look for buying in IRCTC.
This analysis is not at finished. So please follow this space for coming updates.
Thank you,
Happy Trading...
IRCTC BULLISH MOVEIRCTC closing 665. Buy with a stop loss of 630 then targets are 710-750-800+.
Buying Reason.
1 --> Price is given #breakout and also make the range.
2 --> Price is given the closing above all ema.
3 --> #RSI is cross the 60 level and the current is 68.19.
4 --> #ADX shows the upside move and +DMI rising.
5 --> #Volume is also good and shows the #breakout.
IRCTCIRCTC looks good to move further.
As the stock has given breakout.
Buy above 672 | Tgt 715 , 765 | sl 640
Keep on the radar to catch the momentum.
Head and Shoulders In IRCTCIRCTC has taken a reversal after taking support and formed a inverse Head and Shoulders pattern.
Target and SL mentioned.
Analysis is only for educational purpose.
IRCTCIRCTC Probably seems like a breakout. Watch levels and wait for confirmation and the latest NEWS. Bcz of news IRCTC Share price can give fake breakouts.
IRCTC - Long term betIRCTC - looks like a dark horse and very strong script for long term..
after all the initial euphoria the stock rallied a lot and lot of retails got stuck at higher level , after correction it took support at 61.8% retracement of its IPO to ATH price.
Retailers have mostly got frustrated with this script and have exited in loss and stock seems to have started its next leg of upmove....
Inverted Head & shoulder Pattern BO
#IRCTC
- Coming out of INH&S
- Validated with Volume
- Above Key EMAs
- Bullish RSI
IRCTCBreakout in IRCTC with impressive volumes.
The stock probably has some news coming up! Looking to book atleast 10%, havent decided yet.
However, bought as a swing for the month
#Nifty -IRCTC. Rectangle formation at resistanceIRCTC is forming a tight rectangle right at the neck line of H&S reversal pattern.
Will it breakout?
IRCTCBreakout of this trendline will be a big relief for IRCTC holders it can bounce to 750++ and more but let market decide what will happen we will let price decide.
