IRCTC is a well reputed company who is by birth a PSU but by work it is a IT company.
As per there chart we totally see that IRCTC is in consolidation phase form last many months and now it it in verge of a breakout and as per Fibonacci Retracment new levels for the stock is 740 then 800 and 980 are the future levels.
Please track this "Train", on which path it...
IRCTC is showing a reverse head and shoulder pattern which is a positive sign after other railway stocks have rallied. The target price is 1280 which is the lifetime high and it will give a 31% gain from current price. No stoploss. I do not believe in stop loss as taught by my teacher. Buy it on dips.
It is an analysis for educational purpose.
Trade and invest...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Increase in volume
On the verge of Breakout.
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
IRCTC is showing strenth in its price action on daily time frame. supported by gud volume and 20 MA. today gud buying from lower level.
buy above 944
sl 870
First target will be all time high.
This share makes gud break out on daily TF supported by gud volumes. Also above 20 & 200 MA. it may be gud buy with gud risk reward ratio.
HIgh probability trade .
Hi all,
After long struggle India ka favourite stock IRCTC given an excellent breakout in weakly timeframe. It will be the good buy for long term, support level would be 760 and target 1100, and there is a chance to break that level and reach all time high, 100% monopoly in railway ticketing is a advantage for that stock, and recently govt announce 1lakh crore...
The stock was in consolidation phase but after some news in favor of railways all the railway stocks including IRCTC started making big moves. We are expecting price to touch the all the high or may be a new high can be seen.
So, my current plan is to look it at every pullback.
In a good uptrend again after a long time of split
if it goes avoce 806 and close above that then we can see a long run of IRCTC like it was before the split
Good looking for future blast
💥IRCTC💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-845-855
Breakout Price-838
Stoploss-705
Targets-1055-1379-3754
RT for max reach
#IRCTC #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Irctc is in mood to reach 1100 level soon.
Fundamental is very good, comes from Railway PSU.
TOO MUCH CONSOLIDATION HAD HAPPENED , NOW READY TO GO TO MOON I.e 1100 level
