IRCTC : Time to travel.

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IRCTC Good buying opportunity in IRCTC .

  • BUYING RANGE: 650-660 ( After breakout)

    Case1-
    Good to buy after breakout of the Trend line ie. @650-660.
    Put Stop loss of 610.

    Case2-
    Second opportunity : if found around the Previous Demand Zone of 560-580.
    Put Stop Loss of 545-50

    TARGETS :
    T1- 710
    T2- 765
    T3- 840
    T4- 920

    WHY IRCTC:
    1- Breakout of long term Trendline.
    2- Taking good support from the Demand zone of 560-600
    3- Good Risk to Reward Ratio.



Thanks for your Support.


Disclaimer:
This idea is only for the Educational purpose only, Kindly trade at your own Risk.


Transaction en cours
Breakout
Transaction en cours
Transaction en cours
Second Target of 765 achieved.
Transaction en cours
Transaction en cours
"We just missed our fourth target of 920. I hope we can achieve it soon."

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Transaction en cours
4th Target of 920 was achieved.
Transaction en cours
Fresh targets are
1080/1125/1200
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Transaction en cours
Achieved 1080
Transaction en cours
IRCTC is currently supported at the 900 level, with additional reinforcement from the 200-day moving average. Furthermore, the Relative Strength Index (RSI) indicates favorable conditions. Therefore, it is advisable to consider adding to positions above the 950 mark.

snapshot
chartanalysisChart PatternsFundamental AnalysisIRCTClongsetupStocksstocktradingTrend Analysis

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