IRCTC IRCTC looks good for a range breakout consolidating in a range if moved outoff of the range can touch 648 in a shootup way
Ask your financial advisor before buying
Only for educational purposes
IRCTC trade ideas
Long for irctc levelsBuy Whenever Take bounce from this line long term targets above 820
entry 630 (safe entry above close 680)
IRCTCHello and welcome to this analysis
In the month of December 2022, Govt announced divestment which lead to gap down openings on the consecutive days. the 2nd gap down activated a Bearish Island Reversal.
From 600 it appears to have completed a Dead Cat Bounce and now could continue its downtrend.
It has resistance at 650 while support comes in at 610 and below that near 575 where it could complete this down move.
Irctc is in neutral conditionIt is making symmetrical triangles
But if next week see green candle from support
Sell if break support
See and respect level
May be weekly chart making inverted head and shoulder pattern
Best Buy Level of IRCTCAs per my analysis, NSE:IRCTC has to retest level of 679-675. My idea is to take entry on 675 with stop loss of 625 (-50 Points).
Can hold positionally for upside targets of 711, 735, 790 & 835. This could be low risk and high reward idea.
Note: This is my personal analysis, only for learning. Thanks.
IRCTC : Breakout Candidate#IRCTC : Ready for Breakout
W pattern can be clearly seen which can be broken in coming days.
Take 5-10% and keep trailling
Good strength & Decent Volume in stock
Keep Sharing, loving & Following for more Learning.
Happy Trading !!!
IRCTC - positional long ideaI think correction in IRCTC is over, I am going to accumulate this for 875 and 1000 levels. I will not be surprised it chart makes a big rounding bottom and go back to previous highs of 1150. No stop loss is needed in IRCTC but technically a stop loss below 660 can be placed.
IRCTC Down Trendline is getting weakerAdd IRCTC in watchlist,we could witness a bullish surge following a successful trendline and resistance breakout.
IRCTCGood Government sector PSU Stock , No combaters, I am expecting up trend once its break 0.68 at FIB level ..
Still stock under struggling to move Up , Let see stock moment , new entry wait for trend reversal-swing moment
IRCTC Levels & Next Actions based on Quarterly ResultsDear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
IRCTC Levels & Next Actions based on Quarterly Results. IRCTC profit up by 42.5% (QOQ) which is really good. Revenues up 99% to 800+ Crores. Profit booking was observed after decent run-up in recent past ahead of results. It's a low risk stock with lower relative premium. Investor should book profit at higher levels and look for buy on dips opportunities only.
IRCTC -Getting Ready to take offIRCTC looks positive on most of the timeframes.
735-740 were the levels that the stock resisted for approx 2 months, then broke above it, and now consolidating above it from the past 1month.
Sustaining the same levels, the stock could move towards 780 to 850 levels in the coming weeks.
Trade Type: Positional - Long Trade
Immediate Support @ 735- 740
Immediate Resistance @ 780-790
CMP: 758
Tomorrow it might open with a gap on the upside, hence Buy on the dip and build on the way up
Trade at yout own RISK
IRCTC BUY 🤯IRCTC is looking at very good position best time to buy it is at retest level so you can bite for long term and hold it for just about I message around 7 to 8 months it will give you more than enough returns I think it must be in short term returns it will give you more !
up long 895if it sustain above 661 than go long for 895 bullish showing also stay in consolidation phase long period so B+
IRCTC is ready to blast 10 - 20 % potential for upside IRCTC is ready to blast 10 - 20 % potential for upside.
First target 820
Second target 900
SL 700
IRCTC Supply zone Breakout *IRCTC*
Time Frame: Daily
Observation:
* Supply Zone Breakout
* Swing High Break
* Mean (EMA) Diversion
Resistance/Target: 814 908 1001 1062
Support: 688, Dynamic Support at 200 EMA
