#IRCTC Share Price are UP today. Why so?
📊 Earnings Recap: IRCTC delivered decent Q3 numbers and sweetened the deal with a dividend announcement! But the real game-changer? Maha Kumbh-driven travel surge could fuel an even stronger Q1 performance! 🚆🔥
📉 Currently bouncing from its weekly support zone (₹650-625), but the real demand zone sits at ₹580-540 if the broader market correction continues.
📈 Upside Potential: Resistance at ₹710, then ₹720-740—but for any sustainable breakout, IRCTC must cross & HOLD ₹700 convincingly!
💰 Valuation Check:
Trading cheaper vs its 5-year average, but the ₹580 support remains the best accumulation zone for long-term investors.
🎯 Key Levels to Watch:
✅ Support: ₹650 → ₹625 → ₹580-540
🚀 Resistance: ₹710 → ₹720-740
💡 Sustained breakout only above ₹700!
#IRCTC #StockMarket #TechnicalAnalysis #learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading #sebiregisteredra
📊 Earnings Recap: IRCTC delivered decent Q3 numbers and sweetened the deal with a dividend announcement! But the real game-changer? Maha Kumbh-driven travel surge could fuel an even stronger Q1 performance! 🚆🔥
📉 Currently bouncing from its weekly support zone (₹650-625), but the real demand zone sits at ₹580-540 if the broader market correction continues.
📈 Upside Potential: Resistance at ₹710, then ₹720-740—but for any sustainable breakout, IRCTC must cross & HOLD ₹700 convincingly!
💰 Valuation Check:
Trading cheaper vs its 5-year average, but the ₹580 support remains the best accumulation zone for long-term investors.
🎯 Key Levels to Watch:
✅ Support: ₹650 → ₹625 → ₹580-540
🚀 Resistance: ₹710 → ₹720-740
💡 Sustained breakout only above ₹700!
#IRCTC #StockMarket #TechnicalAnalysis #learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading #sebiregisteredra
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.