IRCTC - Ready for a HUGE move? Aiming around 80%+ gains!

IRCTC is set to double once it clears key resistance levels!

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Weekly TF View:


snapshot
snapshot

Here's the plan:

- Critical Level: Watch for a daily candle close above ₹1000. This signals the first entry point around ₹1027.
- All-Time High Alert: If the weekly candle closes above ₹1300, prepare for a potential Marubozu candle, indicating strong bullish momentum. This will be our second entry point.
- Strategy: Entering before the breakout to catch the bottom. Remember, risk management is crucial. The market is supreme; we adapt.
- Price is bouncing from the important fibonacci support area. Showcasts buyers are strong!

Let’s wait and watch the show unfold!

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Stay tuned for updates as IRCTC approaches these critical levels. Happy trading!

Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing.


Thanks & Regards,
Anubrata Ray
breakoutsChart PatternsFibonaccihighrewardIRCTCmomentumtrademultibaggermultitimeframeanalysisSupply and Demandswingtrading

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