IRCTC Cmp 2034 dated 30.6.2021 SellIRCTC Cmp 2034 dated 30.6.2021 Sell
1. Symmetrical triangle breakdown below 2020.
2. RSI divergence.
Sell below for a tgt of 1980-1940 SL 2050
It is just a view, pls trade at your own risk.
IRCTC trade ideas
IRCTC: Looks good for 2220After a strong upmove with a bullish engulfing candle on 21st June, IRCTC pulled back to 50% of its upmove (1), and has today turned bullish with 4 MA making a definitive cross above 9 MA, signalling start of a fresh upmove. I will look for a target of 2220 in the coming few sessions. I will keep a SL below 2050 on a closing basis.
IRCTC
- Stock is forming a peanut pattern.
-Stock break and sustain below 2184 Next level to watch 2280/2380/2480 levels .
-Support is near 2070 level on chart.
IRCTCGreat Fundamentals.
Results are good. Lots of space for more improvement, as a part of the improvement they introduced air tourism under IRCTC too at a fair price.
Post Covid Situation near future is also good for IRCTC.
Technically it gave us breakout with retest and again gave us fresh breakout and it is trading at all time high. if it sustains above 2100 levels you may expect good movement again.
IRCTC Up Flag on Daily ChartBreakout Candle: Daily candle dated 5th July 2021
Breakout Candle Close: 2174
Anticipated Price Target: 2536
Suggested Stop Loss on daily closing basis: 2127 (for the first 4 daily candles starting from 6th July 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier.
RR Ratio: 1:7
NOTE: This idea is an attempt to predict the future price movement. Investment decision based on this idea, if any, shall be solely at the risk of the investor.
IRCTC, are you ready for catching blasting move?Hello traders,
IRCTC is ready for a big blast and also a crazy stock.
follows price action very well. keep on radar can blast anytime.
check details in chart
below link to related ideas are some of the profitable bumper trades in past few weeks.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
IRCTC Trade Setup For Tuesday (6th July)Today IRCTC break the strong resistance of 2126, and it give more than more 5% return.
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So on tomorrow we can see the correction till 2131 after that it can give the upside move.
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Keep radar this stock in watchlist.
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What's your view comment below in the box.
IRCTC Target running towards target. Next TATAMOTOR and Bajaj finserv.... reference chart for your best of your support is here...
Rail Time - book your ticketsmove beyond 2132
next level to watch 2170+
keeping stop 2052 for both fresh entry n open positions
disclaimer - trade @ own risk
IRCTC Cup and Handle Formation.The Consolidation is going on for months, The breakout happened Recently. Do let me know if the analysis is wrong. New-here so Don't make a call Solely according to this
IRCTC "Swing" Trade || Daily TFHi traders, one should enter in this trade only after the consolidation breakout with a good volume green candle. Pin down any comments if you have.
IRCTC Possible Bullish Break Notes:
Should see a further up-move if the next candle manages to close above 2094 levels.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
IRCTC is ready to depart.🚂IRCTC has been one of the few public sector stocks loved by investors and traders where the due has to be given to its strong Fundamental and promising results and at current stage it looks technically fine.
IRCTC: Cup & Handle patternIRCTC
In to the unknown....
To start with, we are looking at the weekly chart for IRCTC.
Above 2184, the stock would be trading in the uncharted territory
The time frame we are looking at is for investment decisions/ holding period of 1-2 years.
We rely on Cup and handle pattern that we observe here. The orange line is the breakout mark and this is week three of trading above the orange line. Sustaining above the orange line for this weekly close might indicate a potential breakout.
The target for the current set up 2600 / 2800 / 3230 odd levels
Look to plan your buy in 2 tranches according to your risk management profile.
One at current levels or close to as close to orange line as possible and 2nd on dips towards the blue line as and when it happens.
Pattern gets invalided if we see 3 weekly candle close below the blue line.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Price within a triangleShort term is bullish, and the price is within a triangle. Wait for the breakout.
15min. Swing Trade Analysis on IRCTCSwing Trade
IRCTC
Buy: 2080;
SL: 2040;
T: 2125++2175++
-Mohit Rajani
Watch IRCTCIRCTC gave today breakout with 9% move in single day.
Good volume on daily chart. Not generated here as the week have 4 more days to go.
It is today at ALL TIME HIGH.
There is risk when trading in stock which is trading at all time high.
So if I enter I will keep STRICT STOPLOSS.
Stay cautious as the money flow index have turned downwards, that's not a good indication, so if it continued to do down this may be false breakout or this is because the new SEBI margin rules. Volatility and liquidity is decreasing.
This is a little bit confusing scenario.
This is my own analysis. Hope you like it.
This post is for information purpose only.
