IRCTC breaks it's paraller channel after 6 months IRCTC has broke it's 6 month long consolidation of 1300-1400 with very high volume. it has broke 2 resistance point and taken resistance at 3rd point i.e. 1595. Can take long here.
IRCTC
IRCTCCurrently taken support of ema20 and trend line from jun21, below holding a great support at 803, if market turns green this would be the level for irctc to reverse upside, however currently rsi is below 60 and upside resistance at 954, so would be good level to buy once rsi is >60 and closes above resistance 954.
Long the IRCTC stock - Analysis for 27 Oct 2021Hello, This is my Technical Analysis for Indian Railway Catering and Tourism Corporation (IRCTC) stock.
According to my analysis the price will go up.
We should take a Buy entry at 4210
The target should be at 4390
Stop Loss at 4088
Note: This is just a Technical Analysis (it doesn't guarantee that the analysis will always be the correct) if by any chance we don't reach to our targeted price and you lose money then I will not be the liable person for your trade/investment on any particular asset that you have made, only you will be the responsible for your lose. Thank you for understanding.
IRCTCthis was a major profit-booking
nothing wrong with the market
keep it if looking for a long time
good chance to take an entry in it
my recommendation is to buy only after it comes above 4640, there may be further profit-booking
wait till it crosses 4640
IRCTC still has a lot of steam leftIRCTC gave a flag breakout with good volume. Flag pole is not a straight line move but still very quick so chances are it could move nearly the same amount.
IRFC bullish breakout and re-test on Weekly frame | Don't missIRFC looking super bullish, as it broke the weekly time frame resistance trend-line with good momentum candle and currently in the re-test scenario. Don't miss the upcoming upper circuits in case it stays above the trend line for this week.
IRCTC Shorting by Saurav GuptaIt seems IRCTC is a Good stock with monopoly, but it had a huge run, so time to take a little rest. Lets see, if we can short and achieve target of atleast 3450 Rs. Most being 3300.
IRCTC, Bullish on longer Time framesGood price action, after a sharp rise in price, good consolidation being witnessed on the stock.
Price is again trading in range, mostly a halt after a sharp rise, getting ready for the next move.
INR 3700 to INR 3500 should be a good support zone and buying zone.
Price is headed back towards its 20Day SMA, RSI is biased towards the bulls too, all in all, looks at a good formation!
IRCTC Long IRCTC is close to another breakout and this time it would reach 3825 levels by end of next week.
Short Setup @ IRCTC
(Note:- This is my personal views. Please consult with your financial advisor before taking trade.)
IRCTC as ON 09.08.2021MAKING A SHORT CALL FOR PROFIT !!
MACD CROSSOVER!!
RSI ABOVE 60!!
MORNING STAR FORMED !!
Can make 2-3% high!!
STOP LOSS=2484/2468
(Making a rising wedge pattern so dont hold for long time can make a big fall!!)
(The above Analysis is only for study purpose do not take it as any buy or sell call)
IRCTCThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
FULL SEND IRCTC TO ₹3000We are out of the Ascending Triangle on the weekly. Time to fly. Send it to ₹3000!
NSE:IRCTC
Long on irctcGave a breakout and came back to retest and going back up again. good stock to hold for a swing
IRCTCHello Traders, hope doing well, please go Long if going UP above 2200 with SL 2000 for Target 2415, have a safe trading !!
Irctc....... retest breakout levelsGiven a big breakout few days ago...
All probability of retest and continue upward
trading levels given....
Happy trading...
IRCTC Bearish BAT Pattern in progressSeeing Bearish BAT pattern formation in Progress.
thought this is bearish BAT, you can still buy it right now since it broke B Point and price is staying above it.
See how nicely FIB levels are matched for B and C Point.
IRCTC - DOUBLE TOP FORMATIONBREAKING THE NECK LINE WILL LEAD TO LOWER END OF TREND LINE.
OR
BOUNCHING BACK FROM THE CURRENT LEVELS WILL LEADTO NEW HIGH
