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INDIAN RAIL TOUR CORP LTD
Long

IRCTC FORMED DOUBLE BOOTOM STRUCTURE

By Jha_Nidhi
Updated
The price corrected almost 55% from the all time high level of 1280. Now price near the weekly support of 550 and formed double bottom structure on weekly timeframe. price indicating perfect low risk & high rewards setup. The level of 550 is strong support level for the price & my initial targets will be 655/700/788 for the upside momentum of stocks. If price closes below 550 level on weekly chart than more fall can be seen in the price.

Note
snapshot

#IRCTC 👉Made New High of...630📈

👉570 -------> 630✔️
Double BottomDouble Top or BottomIRCTCirctcanalysissupportSupport and ResistancetechincalanalysisTrend Analysis
Jha_Nidhi

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