The enabler of travel and tourism, IRCTC is poised for good days
IRCTC has broken upwards from a cup pattern (with a bit of imagination some would argue an Inverse H&S as well) Keeping a closing basis stop loss of 749 one can look for an immediate target of 840. With travel and tourism seeing huge traction, IRCTC as an enabler of mass travel has high possibility of posting strong results this quarter.
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