IRCTC19/05/2024
IRCTC
CMP:1102.6
If closed above 1120
Target: 1280
SL: 3% or as per risk
Information is only for study purpose
IRCTC trade ideas
IRCTCPositionally looking good for long position
good base formation, getting ready for new highs
Disclaimer: sharing analysis for knowledge purpose, no buy/sell recommendation
IRCTCShould buy now because of the resistance breakout and the gap above so can fill the gap let's see.
IRCTC: board the train?on its way to complete the CnH, need to close above 1025 to confirm the BO. Immediate target will be the ATH. Should be watched closely!
IRCTCAmong all railway stocks, I choose IRCTC. Why? In the last quarter, while others saw a dip in sale, IRCTC's sales and profits soared. Strong fundamentals make it my top pick, and it's also technically forming a cup and handle pattern
IRCTC have given breakot and currently retesting the zoneIRCTC have given breakot and currently retesting the zone we can consider the scrip for swing.
Study has well explained in charts itself.
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
IRCTC Bull flag breakout!We got the breakout we wanted and now the targets are locked for 1100 off here, can target easily upto 18% off here!
irctcA Memorandum of Understanding (MoU) has been signed between IRCTC and Swiggy (Bundl Technologies Pvt Ltd) to provide pre-ordered meals to passengers of Indian Railways through IRCTC e-Catering Services
IRCTC Analysis | Top Down Approach1. Monthly RSI Above 60
2. Weekly RSI Taking Support at 60
3. Daily RSI About to cross 60
4. On daily Trendline Breakout, Also inside bar breakout
IRCTC IRCTC is DESCENDING channel pattern breakout.
previous trend is up trend.
volume ----
*IRCTC is growing well this year.
stop loss 5%.
IRCTC - Next MonthStock looking really good. Has consolidated well while market has corrected. Can BO and outperform the market. Entry above the TL for me.
IRCTC may ready to break downtrendIRCTC look like may develop an inverse head and shoulder pattern.
Allow it to break the level and re-test but looking may aggressively take an uptrend at least 10 to 15 % accumulate as per your capital.
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!🥂
IRCTC may touches all time highAs we can see on a daily time frame of IRCTC have broke the resistence expecting it to touches its all time high
IRCTC: A Train Not To MissIRCTC is a well reputed company who is by birth a PSU but by work it is a IT company.
As per there chart we totally see that IRCTC is in consolidation phase form last many months and now it it in verge of a breakout and as per Fibonacci Retracment new levels for the stock is 740 then 800 and 980 are the future levels.
Please track this "Train", on which path it is going to run. Upwards or Downwards.
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
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in IRCTC
BUY TODAY SELL TOMORROW for 5%
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 chalo dekhte hai recent hurdle 755
major hurdle 765
if crosss then hold it
Check
RSI
EMA
Volume
last one not the least sentiment
please comment which one will work
IRCTC Trend ReversalIRCTC is at good level 684 and broken weekly resistance
monthly target can be 775
6 months target 915
Yearly target 1280
