IRCTC chart showing cup and handle pattern on weekly time frame
Target price based on the cup = 1540 (46.50 % gains from breakout level)
But I would like to wait till election results. Market should show some correction on charts.
Any price on the chart after the election will be considered as buying level.
Ready to break resistance on daily time frame near about 440-450 zone.
High increase in volume from last 2 consecutive months on Daily TF.
Almost 5 yrs trendline breakout and retest also done.
fibbo's 0.618 % about to break on weekly TF which indicates trend reversal.
Fundamentally also improving on paper.
Look for bigger targets.
"READY TO GO"
