Technically looking nice, Daily RSI >60 Club IRCTC Q2:CONS NET PROFIT UP 43 % AT 226 CR (YOY), DOWN 8 % (QOQ) REVENUE UP 99 % AT 805 CR (YOY) ,DOWN 5 % (QOQ) EBITDA UP 48 % AT 305 CR (YOY),DOWN 5 %(QOQ) MARGINS AT 37.8 % V 50.7 % (YOY), 37.6 % (QOQ)
Rectangular breakout with Volume, RSI (Weekly) crossed 60 DMI+ Crossed 25 RS is increasing.
GOOD ACCUMULATION IS GOING ON READY TO BO
Ascending Triangle Pattern Breakout, Volume spurt, Making HL Continuously, DMI+ Taking support above 25, ADX is crazy. Limited downside, Upside potential for 60 - 100 +++
Horizontal Trend line BO, Rounding Bottom pattern, RSI Taking support above 60, Volume is good, Large Cap Nifty 50 stock, R:R = 1:3 CMP - 2476, SL= 2370, Upside potential 2800 - 3000 ++ RS is crossing above ZERO line after June 2020 212 Candle, 305 Days 10 Month.
Horizontal Trend line BO, Rounding Bottom pattern, RSI Taking support above 60, Volume is good, Large Cap Nifty 50 stock, R:R = 1:3 CMP - 2476, SL= 2370, Upside potential 2800 - 3000 ++ RS is crossing above ZERO line after June 2020 10 Month.
Trend line BO, RSI - BO, Making HL, Stock moves after 3 Month, Daily RSI - Crossed and taking support 60. Volume Spurt with Follow-Up Volume. SL - 530 DCB. Upside potential - 690 - 830 Risk Reward is 1:3, RS is increasing.
Good base with Volume and RSI Divergence for 10% upside potential
Good Volume RSI Divergence, Near Support upside for 10% ++
Heading for 4200, breaking out the Triangle with Volume, good base, downside limited