IRCTC : Time to travel.

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.

Dagangan aktif

Breakout

Dagangan aktif

Second Target of 765 achieved.

Dagangan aktif

"We just missed our fourth target of 920. I hope we can achieve it soon."

Dagangan aktif

4th Target of 920 was achieved.

Dagangan aktif

Fresh targets are
1080/1125/1200

Dagangan aktif

Achieved 1080

Dagangan aktif

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.

S_Rawat

Juga pada:

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.

S_Rawat

Juga pada: