IRCTC
IRFC bullish breakout and re-test on Weekly frame | Don't missIRFC looking super bullish, as it broke the weekly time frame resistance trend-line with good momentum candle and currently in the re-test scenario. Don't miss the upcoming upper circuits in case it stays above the trend line for this week.
IRCTC, Bullish on longer Time framesGood price action, after a sharp rise in price, good consolidation being witnessed on the stock.
Price is again trading in range, mostly a halt after a sharp rise, getting ready for the next move.
INR 3700 to INR 3500 should be a good support zone and buying zone.
Price is headed back towards its 20Day SMA, RSI is biased towards the bulls too, all in all, looks at a good formation!
IRCTC as ON 09.08.2021MAKING A SHORT CALL FOR PROFIT !!
MACD CROSSOVER!!
RSI ABOVE 60!!
MORNING STAR FORMED !!
Can make 2-3% high!!
STOP LOSS=2484/2468
(Making a rising wedge pattern so dont hold for long time can make a big fall!!)
(The above Analysis is only for study purpose do not take it as any buy or sell call)
IRCTC IRCTC looks Bullish
All the key levels are mentioned in chart with Stop-loss and Targets
Breakout with Good Volume
Key Levels are Mentioned on chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing