On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
NSE:IRCTC Currently stock making CUP&HANDLE pattern, after completed pattern wait for break its multiple time restance zone which is from 760 to 770. if break successfully resistance make position for 1st target of 825, 2nd is 900 and keep stoploss is 750.
For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail...
irctc breakout with good volume on daily chart. golden EMA about to crossover. targets 711,740,770. can add half qty now and half after the trendline retest.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other...
50 moving average retest & trendline breakout!
T-1 : 776
T-2: 920
SL : 640
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
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IRCTC for Swing Trading
The chart is self-explanatory ...
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
Script name : IRCTC
CMP 653
Looks good for a short term trip
TGT - 780+
Sl can be placed below 600-620
Pattern observed: Inverted head n shoulder which has a decent success ratio too ..
Also : IRCTC is a 100% monopoly in railway ticketing. Whether you book tickets from IRCTC or from aggregators like Paytm, MakeMyTrip or now Adani acquired Trainman, IRCTC...
The Counter after going thru down trend on Weekly charts is slowly turning around. Formed double bottom at around 556 levels and now formed higher low around 614-615. Expect Good Up move above 677-678 levels.
As there is a clear displacement in price for the downside after getting into an imbalance level, now my point of action is to short irctc at current market price and target respective levels with a stoploss og 675
we are go long according to that level where we get price action
1st entry - once it break level 641 and then back to retest 641 on that level we can go long
2nd entry - once go down near 560 and there we get "w" pattern then only we can go long
keep watching irctc
IRCTC chart on monthly basis. I have drawn just trend line on monthly basis. A long time it is consolidation. Buy this stock whenever it will break trend line.
![IRCTC: [Diary] IRCTC Price Action Indecision](https://s3.tradingview.com/f/F8XnOOmm_mid.png "[Diary] IRCTC Price Action Indecision")
