IRCTC - Volatiltiy contractionIRCTC - Extreme volatility contraction.
The Stop loss is minimal here, i.e., 800, however the stock has huge upside potential.
A big up move is pending. One should start accumulating.
IRCTC trade ideas
IRCTC Good for Medium termIRCTC Good for Medium-term. Target upside levels are 920 and 970. Stop loss below 790
IRCTC - breaking downIRCTC could have completed its bounce back and is ready for another leg down.
Any bounce at the opening can be a good shorting opportunity
IRCTC bullish outlookTechnical outlook
After retracing at 50% fib level it gave a confirmation in the 1D timeframe.
Falling wedge pattern breakout in 1D timeframe with considerable volume.
Bullish confirmation and expecting a bullish move in the coming days.
IRCTC LONGIRCTC is finishing its internal wave-b of a larger wave-B and it will be time consuming but good for few months.
Keep an eye on IRCTC IRCTC has given good pattern breakout.This could be the momentum change and can see upside move.
IRCTC FOR LONG TRADE 900irtctc is ready for long trade towards 900
irtctc is ready for long trade towards 900
irtctc is ready for long trade towards 900
IRCTC - Potential Reversal at 775 - Watch for Key LevelsIRCTC has shown a strong trend of bounce of Weekly VWAP which is 773, which is currently 775 range. Breach of it may have consolidation at 725 - 751 range and bounce back.
For reversal confirmation please watch for break of 805 and strong break of 825 will take it to 913,978.
IRCTC - Bullish Consolidation - Short term bearish - Target 800 IRCTC is consolidating side ways after a major break out and bull run. I expect it to test the 800 support levels for further strength. 20 DMA is bearish and will crossover 50 DMA soon. If the 800 level is breached it will test 685 Gap fill.
IRCTC breaks it's paraller channel after 6 months IRCTC has broke it's 6 month long consolidation of 1300-1400 with very high volume. it has broke 2 resistance point and taken resistance at 3rd point i.e. 1595. Can take long here.
IRCTC - 1Hour TF - Bullish GartleyPrice respected Gartley pattern in 1 hour TF. in the drawing, ou could se the price exactly turned at 0.618 level which is strong confirmation.
IRCTCCurrently taken support of ema20 and trend line from jun21, below holding a great support at 803, if market turns green this would be the level for irctc to reverse upside, however currently rsi is below 60 and upside resistance at 954, so would be good level to buy once rsi is >60 and closes above resistance 954.
Head and shoulder pattern in irctcHi guys , feels like forming head and shoulder pattern in irctc , we can some more downside of 200 to 250 points if the pattern breaks in near term ...
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Long the IRCTC stock - Analysis for 27 Oct 2021Hello, This is my Technical Analysis for Indian Railway Catering and Tourism Corporation (IRCTC) stock.
According to my analysis the price will go up.
We should take a Buy entry at 4210
The target should be at 4390
Stop Loss at 4088
Note: This is just a Technical Analysis (it doesn't guarantee that the analysis will always be the correct) if by any chance we don't reach to our targeted price and you lose money then I will not be the liable person for your trade/investment on any particular asset that you have made, only you will be the responsible for your lose. Thank you for understanding.
IRCTCthis was a major profit-booking
nothing wrong with the market
keep it if looking for a long time
good chance to take an entry in it
my recommendation is to buy only after it comes above 4640, there may be further profit-booking
wait till it crosses 4640
