Possible Swing Trade in IRCTC1. Good volumes
2. MACD Signal turned green
3. RSI crossing above 50
4. Stock returning after forming a base at 78.6% retracement
5. Good weekly close
6. Risk - Reward is more than 2
IRCTC trade ideas
IRCTC:Likely EMA CROSSOVER AND BREAKOUTIRCTC:Trading above all its DEMAs Viz 20,50,100&200DEMA.Moreover Golden Cross over of 20DEMA Vs other DEMAs and increase in volume suggests,holding above 810 on closing basis suggests a move towards 830-850(For educational purpose only)
IRCTC Weekly ChartIRCTC weekly chart confirmed a breakout from the channel it was trading for the last one year.
Short term resistance around 815.
Look for signs of reversal near 850.
The stock will turn bullish only after a strong close above 900 (will small investors get a chance here?). After 900, target is only upto 1000 - if the stock needs to move higher, it needs to consolidate for few months.
Disclaimer: Only for educational purpose - not a buy / sell recommendation.
IRCTCStock trading near 200 (ema + dma) and horizontal support line with Fibonacci retracment level so, we can expect reversal towards upwards
IRCTC - BULLISH ACTIVEIRCTC - Indian Railway Ctrng nd Trsm Corp Ltd - BUY ACTIVE
Chart Insights : Day Chart
Stock closed at 754 on 15-Apr-25
We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance.
IRCTC long on Pullback strategy IRCTC correction wave might pause near 0.618 level
looking for long opportunity with a Stoploss of 720
IRCTC - Forming Cypher / Shark IRCTC - Forming Cypher / Shark it has potential to to go to below levels.
765 / 740 / 693 / 660
IRCTC:Likely Price & Volume Break OutIRCTC: Trading above its 20& 50DEMA,price solid bullish candle formation ,price volume action suggests its is at the verge of giving a Neck line break out above 806-810 Band.In the event of a break out likely to test 840-860 Band soon(For educational purpose only)
IRCTC Reaches Multi-Year Support – Should You Buy Now...?IRCTC has recently approached a significant multi-year support level at 768. This level has proven to be a reliable support point in both 2020 and 2023, indicating its importance for investors and traders alike. Currently, although we are observing a short-term downtrend in the stock's price, there is a potential turning point in sight.
If the price manages to break above the established trendline and maintains that elevated position, it could signal a promising buying opportunity. This scenario would be reinforced by two key confirmations: first, the reaffirmation of the multi-year support at 768, which historically has provided a cushion against further declines; and second, the breakout above the trendline, suggesting a potential shift in momentum. Thus, careful monitoring of these levels may provide strategic entry points for investment.
IRCTC NSE:IRCTC
GOOD STOCK OF LONG TERM
ACCUMATAE on dip
Can buy @CMP
Add till 730-725
Sl- 718-15
Target- 800/856++
Fundadental is strong and mpnopoly stock.
IRCTC will rock due to Kumbh Mela Travelling this quaterIRCTC price looks attractive and at support zone to push minimum 100 points up
IRCTC at Key Support Level Since its inception, the IRCTC stock has consistently bounced off a trendline (TL) support. Currently, it has reached the same trendline and seems to be taking support again. Additionally, the previous supply zone around the **₹750-₹780 price range** has now turned into a demand zone. This presents a **good buying opportunity**, as the stock is showing signs of strength at this critical level.
This Stock Price Trading Near Multiyear SupportAfter a Strong corrections finally price trading near multiyear support ( low risk zone for any stocks) . So we may take some risk for upside .
IRCTC - Potential Bullish ReversalIRCTC - Potential Bullish Reversal with Elliott Wave Setup
Key Levels and Zones :
Current Price: ₹777.25 (-₹3.15, -0.40%)
Support and Buying Zones:
Wave C Completion Zone: ₹762.00 - ₹788.00
Extended Retracement Zone (Liquidity): Below ₹762.00
Target Zone: ₹978 - ₹1,008
Stop Loss: ₹728.80
Chart Analysis :
Wave Patterns: The daily chart illustrates an Elliott Wave correction pattern with the following structure:
Wave A: Initial decline signaling a bearish move.
Wave B: Temporary corrective upward move.
Wave C: Indicates a potential bullish reversal in the zone ₹762.00 - ₹788.00.
Change of Character (CHoCH): ₹815.75 acts as a key level for a potential sentiment shift if broken.
Support and Resistance Levels:
Support: Green zone (₹762.00 - ₹788.00).
Resistance: Descending trendline and target zone (₹978 - ₹1,008).
Trade Plan :
Entry Point:
Long positions can be initiated within the Wave C completion zone (₹762.00 - ₹788.00).
Targets:
Primary Target Zone: ₹978 - ₹1,008.
Stop Loss: ₹728.80 to mitigate downside risk.
Conclusion :
IRCTC’s daily chart reveals critical support and resistance levels, presenting traders with a structured trading opportunity based on Elliott Wave theory. By closely monitoring the Wave C completion zone and CHoCH level, traders can position themselves for potential bullish momentum with a favorable risk-reward ratio.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your analysis or consult a financial advisor before making investment decisions.
#IRCTC #TradingPlan #ElliottWave #TechnicalAnalysis #StockMarket
IRCTCIRCTC
MTF Analysis
IRCTCYearly Demand 775
IRCTC 6 Month Demand 775
IRCTCQtrly Demand BUFL 775
IRCTCMonthly Demand 621
IRCTCWeekly Demand 710
IRCTCWeekly Supply 1088
IRCTCDaily Demand DMIP 727
ENTRY -1 Long 727
SL 692
RISK 35
Target as per Entry 887
RR 5
Positional Target 1385
Target Points 160
Recent High 1,049
Recent Low 720
IRCTC Long trade strategy
Bouncing back from its important support can expect an target all time high price
If falls below the current levels can expect support in simultaneous support trend line
Also wait for bullish reversal signs near these support levels before entering a trade
Cheers happy trading!
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
IRCTCIRCTC - SWING/ POSITIONAL TRADE
Bouncing from Demand Zone (780 - 800) Twice
Swing / Positional Trade can be considered
Entry - 835 - 800
SL 765
Target - 1:3 / 1140 as per convenience
IRCTC CHART ANALISYS 2025Market Now Not UP TREND PLZ Wait For TREND Moves,
Supports and Resistance Respect
IRCTC STRONG STOCK
A market trend refers to the general direction in which the price of financial instruments (stocks, indices, commodities, etc.) moves over a specific period. Market trends can occur in any time frame, such as short-term (intraday), medium-term (weeks to months), or long-term (years). Understanding market trends is crucial for traders and investors to make informed decisions. Here's a detailed description of market trends:
Technical Indicators of a Bullish Trend in IRCTC
Higher Highs and Higher Lows
Consistently forming higher highs and lows on the price chart, signifying strong buying interest.
Moving Average Crossovers
The 50-day moving average crossing above the 200-day moving average ("Golden Cross") is a positive signal.
Volume Surge
Higher trading volumes on up days indicate strong participation and conviction among buyers.
Momentum Indicators
in irctc we can show best support 800 in irctc we can show best support 800 and target up to 1200 ++
IRCTCIt follows a good trend throughout this year. Look for a break either side and trade accordingly. Please do your own analysis before entering a trade. Pls boost the post if you find this post helpful.
IRCTCNSE:IRCTC
Deatails of IRCTC
Rs>40
once cross 10 days MA by
20 MA
Maintain SL 756
Short Term Target - 1000++
IRCTC Breakdown Trading StrategyThe stock price of IRCTC has fallen below major support levels and currently offers good positional opportunity.
The business has a monopoly and the current news flows had impacted the sentiments negatively.
The news impact seems to be over and the stock is prepared to perform.
Note: The idea shared is aimed at spreading practical awareness of the theoretical concept of Breakdown Trading Strategy. Do not make any financial commitments based on this.
