Get started

IRCTC

IRCTC - Potential Bullish ReversalIRCTC - Potential Bullish Reversal with Elliott Wave Setup Key Levels and Zones : Current Price: ₹777.25 (-₹3.15, -0.40%) Support and Buying Zones: Wave C Completion Zone: ₹762.00 - ₹788.00 Extended Retracement Zone (Liquidity): Below ₹762.00 Target Zone: ₹978 - ₹1,008 Stop Loss: ₹728.80 Chart Analysis : Wave Patterns: The daily chart illustrates an Elliott Wave correction pattern with the following structure: Wave A: Initial decline signaling a bearish move. Wave B: Temporary corrective upward move. Wave C: Indicates a potential bullish reversal in the zone ₹762.00 - ₹788.00. Change of Character (CHoCH): ₹815.75 acts as a key level for a potential sentiment shift if broken. Support and Resistance Levels: Support: Green zone (₹762.00 - ₹788.00). Resistance: Descending trendline and target zone (₹978 - ₹1,008). Trade Plan : Entry Point: Long positions can be initiated within the Wave C completion zone (₹762.00 - ₹788.00). Targets: Primary Target Zone: ₹978 - ₹1,008. Stop Loss: ₹728.80 to mitigate downside risk. Conclusion : IRCTC’s daily chart reveals critical support and resistance levels, presenting traders with a structured trading opportunity based on Elliott Wave theory. By closely monitoring the Wave C completion zone and CHoCH level, traders can position themselves for potential bullish momentum with a favorable risk-reward ratio. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your analysis or consult a financial advisor before making investment decisions. #IRCTC #TradingPlan #ElliottWave #TechnicalAnalysis #StockMarket
NSE:IRCTCLong
by LiveTradingBox
IRCTC Breakdown Trading StrategyThe stock price of IRCTC has fallen below major support levels and currently offers good positional opportunity. The business has a monopoly and the current news flows had impacted the sentiments negatively. The news impact seems to be over and the stock is prepared to perform. Note: The idea shared is aimed at spreading practical awareness of the theoretical concept of Breakdown Trading Strategy. Do not make any financial commitments based on this.
NSE:IRCTCLong
by Gaurav_Singh_5705
IRCTC-Swing Trade- Will this stock drop to next bullish station?NSE:IRCTC NSE:IRCTC 13.07.2024 Buy above 1059 Target 1128 Stop Loss 990 Risk Reward: 1:1 1. Inside breakout. But wait for high to break for entry 2. Strong Resistance turned support level. 4th Retest failed at the same level. 3. Price rejection from 200 EMA % found fake breakout at key support level 4. 21 & 50 EMA Crossover. Price above both level 5. Price has crossed 0.618 downward Fibonacci level also rejected two times from 0.5 Level indicating end of downtrend. 6. Rejection from bullish fair value gaps 7. Increased volumes in green candles compared to bearish candles
NSE:IRCTCLong
by Swinging_Inside_the_BAR
IRCTC - Ready for a HUGE move? Aiming around 80%+ gains! IRCTC is set to double once it clears key resistance levels! --- Weekly TF View: Here's the plan: - Critical Level: Watch for a daily candle close above ₹1000. This signals the first entry point around ₹1027. - All-Time High Alert: If the weekly candle closes above ₹1300, prepare for a potential Marubozu candle, indicating strong bullish momentum. This will be our second entry point. - Strategy: Entering before the breakout to catch the bottom. Remember, risk management is crucial. The market is supreme; we adapt. - Price is bouncing from the important fibonacci support area. Showcasts buyers are strong! Let’s wait and watch the show unfold! --- Stay tuned for updates as IRCTC approaches these critical levels. Happy trading! Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:IRCTCLong
by SuperNova396
9
Crossover - IRCTC📊 Script: IRCTC 📊 Sector: Railways 📊 Industry: Travel Agencies Key highlights: 💡⚡ 📈 Script is trading near at upper band of BB. 📈 MACD is giving crossover. 📈 Double Moving Averages is giving Crossover. 📈 Right now RSI is around 56. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 968 🟢 Target 🎯🏆 - 1049 ⚠️ Stoploss ☠️🚫 - 933 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:IRCTCLong
by radha_23
1
IRCTC BUY CALLHi 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 investment in railway sector to minimise the waiting list in trains give positive vibe on that stock. To conclude recent positive news and a breakdown in weakly time frame shows a buy call for long term. Iam not a SEBI Registered advisor do your own research to trade. I publish this idea only for educational purpose.
NSE:IRCTCLong
by Ragulgandhi
#IONEXCHANG 584 TGT700:20% SL533 Recommended Buy - Rachit SethiaIONEXCHANG CMP 584 TGT 700 ++ SL 533 Return ~ 20% TF 6months RR >2.2 NSE:IONEXCHANG #IONEXCHANG Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:IONEXCHANGLong
by Rachit_Sethia
1
#RML cmp 721 BUY Recommendation by Rachit SethiaRML CMP 721 TGT 922 SL 656 TIMEFRAME <6M RR > 3 Return >27% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:RMLLong
by Rachit_Sethia
2
IEX cmp 142 TGT 172 Buy Recommendation By Rachit SethiaIEX CMP 142 TGT 172 SL 130 RR > 2.7 Return ~22% Timeframe <6m NSE:IEX Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:IEXLong
by Rachit_Sethia
2