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 trade ideas
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
IRCTC Weekly chart analysisIRCTC is trading near breakout zone on weekly chart
wait for breakout above @930 and take a trade for target of next immediate resistance
IRCTC breaking pennantIRCTC strong break from pennant amidst red candles across the market.
Target 760-890
SL 615
IRCTC CLEAR BREAK OUTThis share makes gud break out on daily TF supported by gud volumes. Also above 20 & 200 MA. it may be gud buy with gud risk reward ratio.
HIgh probability trade .
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.
IRCTC may make a new HIGHThe stock was in consolidation phase but after some news in favor of railways all the railway stocks including IRCTC started making big moves. We are expecting price to touch the all the high or may be a new high can be seen.
So, my current plan is to look it at every pullback.
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💥-Nice Breakout💥IRCTC💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-845-855
Breakout Price-838
Stoploss-705
Targets-1055-1379-3754
RT for max reach
#IRCTC #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
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.
IRCTCIRCTC Very strong position for long side target possible 850 invalid 729 Trade only 775 break and sustain after you can Enter this stock
IRCTC, CUP HANDLE BRAKE OUTIrctc is in mood to reach 1100 level soon.
Fundamental is very good, comes from Railway PSU.
TOO MUCH CONSOLIDATION HAD HAPPENED , NOW READY TO GO TO MOON I.e 1100 level
IRCTC Double bottom breakout on monthly chart!!IRCTC chart suggests breakout on Monthly, weekly and Daily charts.
Double bottom formed on monthly basis
critical level 780.
Likely to Hit targets 840 - 920 - 1020 -1300
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.
IRCTC*IRCTC*
P&H Formation on Monthly Basis.
*W* Formation on Monthly Basis.
Strong Price BreakOut & Sustained.
Vol. BuiltUp gaining Traction post Heavy Consolidation.
RSI: 1H=D>W>M. All in Bullish Zone.
Sectoral Outlook highly Positive.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*_Do Your Own Research as well. This is an Opinion "
Happy Investing 😇
IRCTC looking good Increased optimism and market sentiment:
Positive outlook from the company management: IRCTC's recent AGM saw positive statements from the management regarding the company's strong financial outlook and post-pandemic recovery. This has instilled optimism among investors about the company's future growth prospects.
Overall positive market sentiment: The broader Indian stock market has been performing well in recent months, which has created a favorable environment for all stocks, including IRCTC.
Specific events and initiatives:
ICC Cricket World Cup 2023: The ongoing Cricket World Cup is expected to boost IRCTC's business volume, as fans travel to different locations for matches. This anticipation has led to increased buying interest in the stock.
IRCTC's offer for air passengers: The company recently announced an offer for air passengers, which includes discounts on travel insurance and IRCTC eWallet recharge. This initiative is seen as a positive step towards attracting new customers and diversifying the company's revenue streams.
Increase in foreign institutional investor holdings: Foreign institutional investors have been increasing their holdings in IRCTC shares in recent months, which indicates growing institutional confidence in the company.
Overall strong business fundamentals:
Dominant market position: IRCTC enjoys a dominant position in the Indian railway catering and tourism market, with a strong brand name and a wide network of services.
Strong financial performance: The company has been posting strong financial performance in recent years, with consistent growth in revenue and profits.
Government initiatives: The Indian government's focus on promoting tourism and developing the railway network is likely to benefit IRCTC in the long run.
IRCTC Daily Chartforming C&H pattern
above 750-800 level
upside you can seen in chart
RSI above 60 daily/weekly/monthly
