IRCTC Long IRCTC has been trading within a range. The volume also has been decent. Can breakout on the upside as the railway budget is around the corner.
IRCTC trade ideas
Breakout and retest doneBreak out and retest done waiting for huge blow
trend line also got broken out
IRCTC | Making a Bullish flag and pole patternSelf explanatory chart..... entry on breakout. Potential of 25%+ in swing trade.
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
IRCTC VIEWIRCTC Technical view:
Looking good for upside…coming out after 2 months of consolidation with a good volume surge.
Keep focus on IRCTC.
Short term target: 1050/1250
Breakout on IRCTCClear bullish flag pattern breakout. Swing trades for 920 to 930 can be initiated .stoploss 902.
Stock Analysis Series - IRCTC - Bearish - Decision at Rs.740-750Stock Analysis Series - IRCTC:
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** Daily Timeframe **
1. Forming Descending triangle pattern - Resistance keeps reducing with the same level of Support (Rs.800)
2. In this market crash, Volume is below its moving average. let's wait and see if it reach Rs.740-750 range.
3. Rs.740-750 range is the deciding range for upside or downside movement.
Note:
I'm not recommending buying this stock. This is for education purposes.
This is my view, based on my learning.
Please do not trade without your own conviction.
Please invest after careful research. I'm not responsible for your profits/losses.
- Gnanasekaran
IRCTC822 is strong support,
926 is the next resistance,
once it breaks the 926 then 980+ will be targeted.
In my view, it's a good time to buy it in every dip. Buying all the time it is around 850
IRCTC ANALYSISFalling Wedge Pattern Breakout in IRCTC in Hourly Time Frame
Entry above 900
Target 970
SL below 890
Risk to Reward= 1:7
IRCTC B @ 855 & TARGET @ 865Dear Traders,
IRCTC B @ 855 & TARGET @ 865
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
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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 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.
