IRCTCPlease consider IRCTC for Swing or Long time Trading If break out Resistance
This chart for Knowledge purpose
IRCTC trade ideas
IRCTC Ready to fly for 100% gainChart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
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IRCTC50 moving average retest & trendline breakout!
T-1 : 776
T-2: 920
SL : 640
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
I am not SEBI Register
IRCTCIRCTC for Swing Trading
The chart is self-explanatory ...
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
IRCTC :Ticket to a profitable journey Script name : IRCTC
CMP 653
Looks good for a short term trip
TGT - 780+
Sl can be placed below 600-620
Pattern observed: Inverted head n shoulder which has a decent success ratio too ..
Also : IRCTC is a 100% monopoly in railway ticketing. Whether you book tickets from IRCTC or from aggregators like Paytm, MakeMyTrip or now Adani acquired Trainman, IRCTC makes money.
(It earned Rs 70 crore via Paytm in FY 2022, @ Rs 12 per ticket 🎫)..
Tere IRCTC ka to koi competition nhe 😜
NOTE : Just for educational purpose not any personal recommendation for the buying or selling the mentioned stock.
IRCTC LongThe Counter after going thru down trend on Weekly charts is slowly turning around. Formed double bottom at around 556 levels and now formed higher low around 614-615. Expect Good Up move above 677-678 levels.
IrctcAs there is a clear displacement in price for the downside after getting into an imbalance level, now my point of action is to short irctc at current market price and target respective levels with a stoploss og 675
irctc we have 2 best entry levelwe are go long according to that level where we get price action
1st entry - once it break level 641 and then back to retest 641 on that level we can go long
2nd entry - once go down near 560 and there we get "w" pattern then only we can go long
keep watching irctc
IRCTC can be long for longer period time as per studyStock is making triangle pattern and currently trending near dynamic support line wiht positive divergance of RSI felt right moment to get in
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.
IRCTCTIRCTC Top Trendline 3rd touch with Bearish Engulf let us check double bottom will support or not
IRCTCIndian Railway Catering and Tourism Corporation (IRCTC) is a Mini Ratna (Category-I) Central Public Sector Enterprise under the Ministry of Railways, Government of India.
Inverse Head and shoulder - Targets mentioned in chart , SL as per your risk appetite
Market Cap
₹ 51,504 Cr.
Current Price
₹ 644
High / Low
₹ 775 / 557
Stock P/E
52.2
Book Value
₹ 31.0
Dividend Yield
0.57 %
ROCE
59.0 %
ROE
45.2 %
Face Value
₹ 2.00
Promoter holding
62.4 %
EPS last year
₹ 12.6
EPS latest quarter
₹ 3.48
Debt
₹ 84.2 Cr.
Pledged percentage
0.00 %
Net CF
₹ 23.2 Cr.
Price to Cash Flow
98.3
Free Cash Flow
₹ 502 Cr.
Debt to equity
0.03
OPM last year
36.0 %
OPM 5Year
33.2 %
Reserves
₹ 2,318 Cr.
Price to book value
20.8
Int Coverage
83.4
PEG Ratio
1.50
View For IRCTC View For IRCTC
The Chart shows that Stock has broken the Resistance level and now it's taking support of Trend line.
Bullish Head And Shoulder Breakout in IRCTCBullish Inverse Head & Shoulder Breakout in IRCTC.
The price has given a daily closing above the neckline with good volumes.
Expecting price to rise further.
Entry can be initiated now or even on retest of 658.
Targets:-
1. 702
2. 740
Stop loss below 635.
IRCTC: The rail pack run?IRCTC seems to be broke out of a inverted H and S or CnH, the scrip is above all important MAs, if this sustains, the stock can give good returns. A lot of overhead resistance it needs to fight.
IRCTC WEEKLY BREAKOUTIRCTC has given a weekly breakout, from here we can plan SWING/INVESTMENT plan.
IrctcIrctc Chart Analysis............17/06/23
My View Irctc Short Side
I think I want to buy 590ce@57.10
& irctc jun future sell @668.65
Max loss : +18856
max profit : Unlimited
Note: No Trading advice, only my view sharing for knowledge basis without loss strategies....
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
Long view on irctcMaking higher high , buying volume is good , in short term target is 100 rupee in put sl 30 rupee
Not trading advice, do your own research
IRCTC Inverse H&S BreakoutIRCTC has made a strong double bottom at 560 and higher high pattern started after breakout from 656 with Inverse H&S pattern
