IRCTCIRCTC - SWING/ POSITIONAL TRADE
Bouncing from Demand Zone (780 - 800) Twice
Swing / Positional Trade can be considered
Entry - 835 - 800
SL 765
Target - 1:3 / 1140 as per convenience
IRCTC
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.
IRCTC long IRCTC closing above 910 with good volumes could again touch 1280-1300 levels. Could be a good long term stock..
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
IRCTC - Ready for a HUGE move? Aiming around 80%+ gains! IRCTC is set to double once it clears key resistance levels!
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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!
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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
TRIDENT IN BUYSorry due to some personal reasons i hold Forex for next 2months...
Now we see in TRIDENT LTD stock
Now price In Daily Flip zone
Also daily flip zone is 4H strong buy zone from SMC
and also it's pattern retracement
My analysis in technical is it will reach 52.9 and all time high too
Here is the entry
38.3-37
TRG 40/42/46/49/52.9/58/63/70
6months-1year hold
NOTES:EDUCATIONAL PURPOSE ONLY
IRCTC 5th wave.. Irctc may have started the 5th wave for new targets in next 1-2 months..
keep accumulating in range of 870-900 with stop loss below 850 closing. Target can be 1170
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!🥂
Buy IRCTC for 31% gainIRCTC 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 with your own risk
It is not a buy or sell recommendation. I am not a SEBI registered advisor
IRCTC WEEKLY CHARTIncrease 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 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.
Back to IRCTC as IRCTC is back to normalIn 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 Can Touch 1300 in 2024Massive breakout on daily and monthly. It looks strong with good volume. It can touch 1300 levels in 2024. So stay tuned.
IRCTC: Train is ready to leave the station, get inAs NASDAQ is making new ATHs, the Indian stock market is also reacting to catch up.
within the Indian stocks, the giant is IRCTC with a monopoly over a multi-million dollar annual turnover.
I am bullish on IRCTC with the target marked in the picture. Price action is bullish on all time frames once the resistance at 850 -900 INR is broken this train is going to fly.
#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
Irctc long strong support of fib 0.618 tested twiceCan take long if breaks above triangle pattern.strong support of fib 0.618 seen to respect twice
Focusing on IRCTC after a long time Finally the IRCTC is in a good upward trend and we will see a good response of news in IRCTC very soon.
1- A long old uptrend line is following and giving good support to this new uptrend.
2- Now the downtrend is over for sure.
3 - For around 2 trading days there will be more consolidation but don't be surprised if the 760+ target is achieved in this month .
#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
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
IRCTC monthly chart 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 - Bullish Consolidation BreakoutNSE: IRCTC is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
IRCTC LOW RISK HIGH REWARD IDEAAs per my analysis, NSE:IRCTC is at best buy level of 620 with stop loss of 600 (-20 Points).
My expected upside target would be 632 & 687 (If price sustained above level of 635)
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
