IRCTC | At major breakout level IRCTC at major breakout.
On sustainable breakout of 880 we can see up-move with target of 920
IRCTC trade ideas
Symmetrical Triangle Breakout done .Waiting for volume confirmation. Should break 876 level for further move
MIGHTY IRCTC Well the mighty IRCTC is breaking the region of consolidation. Possible long move expected from CMP.
This is not a call, do your own analysis before investing.
IRCTC - Ready For A Big MoveIRCTC
Buy-Above- 880
Sl-780
T- 1010 1200+
The stock has been consolidating after a good correction. It has stopped making lows. Buying Activity is been seen here.
It will show good momentum after the level breaks.
IRCTC - Evening star on 24/12 - Descending traingleIRCTC is making a move and has already formed a H&S in the past, currently it is saturating within triangle.
On Friday (23/12) it has formed an evening triangle which can move the price downwards.
FSP
IRCTC - Descending TriangleDescending Triangle.
If it breaks 776 and 760 then it may go down to 545 level ?
BULLISH ON IRCTCThe stock is forming higher lows, with entry in the MSCI and strong stake buying by Morgan Stanley great movement is expected. Also with opening up in domestic travel, catering services upcoming results of the current quarter is expected to show a better growth. Stock is facing consolidation right now and upper band resistance of 933 which is the first target. Highly recommended with a stop loss of 780 for a first target of 933 simultaneously 1050 levels.
#IRCTC Cash : Looks good above 863.10#IRCTC Cash - For 2-3 days
08 Dec 2021
Looks good above 863.10
Stoploss 852
Target 872/888
Cmp 853.40
IRCTC TRADE SETUP FOR TOMORROWAs you can see in the chart, IRCTC has made the between 824-780.
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So stock has already filled the gap and then took a correction now it again in the upward momentum.
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So for tomorrow if stock goes above 825, you can buy this trade for the target of 838.
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What's your view on this comment below in the box.
Broken triangleI not SEBI registered advisor. Please take good caution in enter a trade based on this analysis.
This analysis done just for learning.
Buy for Intraday at CMP for 2 to 3% returnsLast 3 candles in hourly time frame have closed above 50 Dema. After 16 Days it has closed above 50 Dema.
NSE:IRCTC key levels marked on chartNSE:IRCTC
#NSE:IRCTC gained momentum and key levels marked on chart !!
IRCTC broke away Triangle and heading down IRCTC
1. Broken the Triangle and heading deep down
2. Conservative targets are depicted on the chart
IRCTC - clear RISING WEDGE PATTERNIRCTC- Down trend... a bearish RISING WEDGE pattern shows a slow consolidation higher after an aggressive downtrend...
IRCTCWhoa,
Bullish Harami on Monthly TF.
Bye bye bears.
Bulls have taken the charge.
Volatility can be possible in Weekly TF, but it will be Bullish trend. mark my words.
IRCTC Bear GripIRCTC Head and Shoulder Breakout Happened
as a results rally may continue further
concentrate for short
IRCTC: Price Action AnalysisIRCTC has breached the trendline at 866 and 50 day EMA at 826. Critical is the Fibonacci level at 823, the breaking of which the stock should find a resistance at 803. Below which another support is at 777. Further downward movement and 723 should act as a strong support zone, which is also 100 day EMA.
On the positive side, target of 1056 if it breaks the resistance of 927 and 977.
Currently, I am negative on this given the upsurge in a new variant of Covid 19 and the effect this might have on the travel and tourism industry. The above levels given, should guide how one should plan his/her investment in this stock.
IRCTC - Short/Mid term positional buy trade NSE:IRCTC
1) On 1day time frame, it is successfully trading above 21DMA.
21DMA is placed at 864.14 level.
Major breakout level range is in 912-930 level.
Successful breakout of it will make it bullish again.
Please refer below chart : 1 day Time Frame.
One can buy from CMP with SL of 860 and target of 950-980.
For safe buy trade one can take long position once it give sustainable breakout of 930 level range or add some more qty in portfolio.
***********this is my personal view***************
Please consult your financial advisor before any type of investment.
IRCTC go long in equityIRCTC go long and if it breaks 950 in coming days we can see more than 20% coming up in the counter. Avoid buying this counter in options/futures - every now and then it falls in ban period - stay cautious and buy only in equity.
IRCTC LOOKS GOOD FOR AGAIN UPSIDEVolume peaking up. RSI shows good momentum. buying may continue further. play with stop loss of 900
IRCTCShort covering happened in stocks...........................................................................
