IRCTC - Forming Cypher / Shark IRCTC - Forming Cypher / Shark it has potential to to go to below levels.
765 / 740 / 693 / 660
IRCTC trade ideas
IRCTC:Likely Price & Volume Break OutIRCTC: Trading above its 20& 50DEMA,price solid bullish candle formation ,price volume action suggests its is at the verge of giving a Neck line break out above 806-810 Band.In the event of a break out likely to test 840-860 Band soon(For educational purpose only)
IRCTC Reaches Multi-Year Support – Should You Buy Now...?IRCTC has recently approached a significant multi-year support level at 768. This level has proven to be a reliable support point in both 2020 and 2023, indicating its importance for investors and traders alike. Currently, although we are observing a short-term downtrend in the stock's price, there is a potential turning point in sight.
If the price manages to break above the established trendline and maintains that elevated position, it could signal a promising buying opportunity. This scenario would be reinforced by two key confirmations: first, the reaffirmation of the multi-year support at 768, which historically has provided a cushion against further declines; and second, the breakout above the trendline, suggesting a potential shift in momentum. Thus, careful monitoring of these levels may provide strategic entry points for investment.
IRCTC NSE:IRCTC
GOOD STOCK OF LONG TERM
ACCUMATAE on dip
Can buy @CMP
Add till 730-725
Sl- 718-15
Target- 800/856++
Fundadental is strong and mpnopoly stock.
IRCTC will rock due to Kumbh Mela Travelling this quaterIRCTC price looks attractive and at support zone to push minimum 100 points up
IRCTC at Key Support Level Since its inception, the IRCTC stock has consistently bounced off a trendline (TL) support. Currently, it has reached the same trendline and seems to be taking support again. Additionally, the previous supply zone around the **₹750-₹780 price range** has now turned into a demand zone. This presents a **good buying opportunity**, as the stock is showing signs of strength at this critical level.
This Stock Price Trading Near Multiyear SupportAfter a Strong corrections finally price trading near multiyear support ( low risk zone for any stocks) . So we may take some risk for upside .
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
IRCTCIRCTC
MTF Analysis
IRCTCYearly Demand 775
IRCTC 6 Month Demand 775
IRCTCQtrly Demand BUFL 775
IRCTCMonthly Demand 621
IRCTCWeekly Demand 710
IRCTCWeekly Supply 1088
IRCTCDaily Demand DMIP 727
ENTRY -1 Long 727
SL 692
RISK 35
Target as per Entry 887
RR 5
Positional Target 1385
Target Points 160
Recent High 1,049
Recent Low 720
IRCTC Long trade strategy
Bouncing back from its important support can expect an target all time high price
If falls below the current levels can expect support in simultaneous support trend line
Also wait for bullish reversal signs near these support levels before entering a trade
Cheers happy trading!
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
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 CHART ANALISYS 2025Market Now Not UP TREND PLZ Wait For TREND Moves,
Supports and Resistance Respect
IRCTC STRONG STOCK
A market trend refers to the general direction in which the price of financial instruments (stocks, indices, commodities, etc.) moves over a specific period. Market trends can occur in any time frame, such as short-term (intraday), medium-term (weeks to months), or long-term (years). Understanding market trends is crucial for traders and investors to make informed decisions. Here's a detailed description of market trends:
Technical Indicators of a Bullish Trend in IRCTC
Higher Highs and Higher Lows
Consistently forming higher highs and lows on the price chart, signifying strong buying interest.
Moving Average Crossovers
The 50-day moving average crossing above the 200-day moving average ("Golden Cross") is a positive signal.
Volume Surge
Higher trading volumes on up days indicate strong participation and conviction among buyers.
Momentum Indicators
in irctc we can show best support 800 in irctc we can show best support 800 and target up to 1200 ++
IRCTCIt follows a good trend throughout this year. Look for a break either side and trade accordingly. Please do your own analysis before entering a trade. Pls boost the post if you find this post helpful.
IRCTCNSE:IRCTC
Deatails of IRCTC
Rs>40
once cross 10 days MA by
20 MA
Maintain SL 756
Short Term Target - 1000++
IRCTC long on Pullback strategy IRCTC correction wave might pause near 0.618 level
looking for long opportunity with a Stoploss of 720
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 Weekly Analysis: Bearish Setup Ahead of Results
IRCTC’s stock is showing signs of weakness on the weekly timeframe, with a clear head-and-shoulders pattern that suggests potential downside risk. Currently trading around 831, IRCTC is facing resistance at the 847 level, which acts as a critical barrier for bulls. A close above this level on a weekly basis would be needed to invalidate the bearish outlook, potentially reversing the trend. However, if IRCTC fails to reclaim 847, we could see increased selling pressure in the coming sessions.
With earnings results due on November 4th, there is added uncertainty in the market. If the results disappoint, the stock could break further down, targeting the Fibonacci support levels around 806, 778, and potentially as low as 730. Each of these levels aligns with key Fibonacci retracements, offering possible points where buyers might step in.
For investors and traders, caution is advised as we head into the results. A sustained move below 847 could open up substantial downside risk. Bulls will need a strong catalyst from the earnings report to push the price back up and change the trend. Watch these levels closely, and manage your positions accordingly.
Irctc buyIrctc break a long term trendline, look for ready to upmove, buy above 935, target 1000, 1050, sl 900
IRCTC on important levl.. Here's the analysis.... •IRCTC 🚄🚄in a range of 750 points since sep 2021 on monthly chart.
•Consolidation at .5🧐 level of the range after a good breakout in Jan 24.
•Indian Railway is upgrading it's Stations in manny cities.
•It's been on the golden crossover on daily chart 📈.
•A good breakout volume breakout with the trend line breakout makes the trgt prices of 1.9k to 2k
IRCTCIRCTC
CMP
Possible breakout candidate
At major support
Wait for trndline breakout and retest for entry
IRCTC Reverse Head and Shoulder Break OutIRCTC has broken out over the neckline of Reverse Head and Shoulder Pattern.
Refer the chart to get more clarity over the levels.
IRCTC chart analysisIRCTC chart analysis on daily time frame. This looks like at good support level.
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