IRCTC SYM. TRIANGLE BREAKOUT!!- Symmetric Triangle Breakout
- Making Higher Lows
- Volume Building Up for up move
- Price contraction with high volume
- Buy above 905 (Hourly close)
- SL: 848
- Target: 995/1085/1180+
- TF: 6 months
IRCTC trade ideas
#Irctc cash : Looks good around 888-892#Irctc cash -Positional call
16 Jan 2022
Looks good around 888-890
Stoploss 860
Target 928-930/975-980
Cmp 902.70
IRCTC short term and IntradayIRCTC short term and Intraday
Short/Long term - strong bullish candle has been formed, investors can take the entry above 905 with the stoploss of 861,
For intraday buy above 907 SL 896 target 1 915 target 2 922
Sell below 903 Target 898 target2 886 SL 907
IRCTCIRCTC has given a good breakout it can give target of 2:1 to 3:1
stop loss of 860 target 1 as 977 and target 2 as 1010
IRCTC BREAKOUT IN DAILY CHARTThe Chart itself tells that the Breakout has happened with huge volumes. The stock is above all the 21 - 55 - 89 - 150 -200 EMAs.
Disclaimer : This is my personal analysis for study purpose not intended for trading
IRCTC: can break the range and trade above 935?First daily good volume candle arrived
Weekly it is showing bullish
Once it breaks 935 with good volume then can take the position
FAST TRAIN TO GENERATE WEALTH!?Only for Educational Purpose
IRCTC- Daily Time-frame
As we can see from the charts IRCTC was consolidating in a tight range for a long time now and on Friday it finally gave a breakout with good volume. RSI outlook is also Positive. One can take entry at the CMP for the mentioned targets.
IRCTC 40% Up move potential in 1 monthAs simple as the chart says
Entry is below fib lvl so be carefull and put a tight SL
Target as mentioned in blue lines
Happy Trading
IRCTC BullishIRCTC Seems bullish breakout in daily and strong weekly closing
concentrate for swing if price sustain above 902 in daily
Looking good for higher targets!VCP BO + Retest done. Expect major movement once stock is able to close above 930. Time to enter the longs!
IRCTC --- POSITIONAL --- 2022IRCTC select as positional pick due to recent bullish breakout candle seen on Daily chart . IRCTC corrected 1250 sub level . and somewhere around 770 level found bottom support and consolidate few days this levels .. triangle formation on this consolidation last trading session breakout done with good volume .. both triangle and trend-line breakout clearly seen on chart. at buy level cmp 902 stock can give 10-20% upside momentum in short term.
Techncial bullish indicators .
1. triangle and trendline breakout
2. MACD bullish crossover from 0 line
3. RSI at 64 ( 60-80 ) Bullish
4. Trading abobe all SMA 20,50,200
BUY IRCTC @ 902
TARGET 1- 1000 TARGET 2- 1200 ( duration 15-20 Days )
Stop loss 780
* PLEASE DO OWN ANALYSIS.. THIS IDEA CAN HELP YOU FOR EDUCATIONAL PURPOSE... take call at own risk .!!
WISH YOU HAPPY TRADING. !!
Positional Study IRCTC - 50% upsideIRCTC is at near suport of 800. It is a very good positional entry for Target of 1200 50% upside.
Buy at 910 SL 894 TGT 921 and 930Suggestions are based on my analysis only. Please do your analysis before taking any trade.
BREAKOUT - IRCTCIRCTC is consolidating within a very tight range with lower sell volumes, Breakout with a good volume will be a good opportunity . Keep in your watchlist.
NSE:IRCTC
swing traders keep a eye on this stock😉NSE:IRCTC
after good re- accumulation , breakout + good volume , going to start a uptrend.
let see the price action = triangle pattern Bo.
like and follow❤👍👍👍
IRCTC range breakoutNSE:IRCTC
IRCTC is making strong pattern on daily time frame. Go for Long from here.
Current Price: 895 rs
Good Entry Point: 860 - 880 rs
Target: 920 rs - 1st, 950 rs - 2nd
Stop Loss: 25 rs
RSI: <65 (Not in over brought zone)
Probability: Positive for Long position
Risk Reward Ratio: 1:3
Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.
Happy Investing..
IRCTCNSE:IRCTC irctc is on support of 162 NSE:IRCTC
if these levels breaks then next support is near 143 .........
Buy IRCTC @ 865-890 Tgt 1000 ++ SL 840 Ascending triangle in IRCTC target given for swing traders , if your holding for long term buy on dip on this stock . My long term target 1800 , 2500+
Ascending triangle IRCTC forming an ascending triangle pattern in 1hr time frame, a consolidation near the resistance around 877 and then a significant breakout above it with an engulfing candle and huge volume would be a great opportunity to chase targets of around 920.
