IRCTC : Time to travel.

7 cze 2023

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.

18 cze 2023

Zlecenie aktywne

Breakout

8 wrz 2023

Zlecenie aktywne

11 gru 2023

Zlecenie aktywne

Second Target of 765 achieved.

23 gru 2023

Zlecenie aktywne

29 gru 2023

Zlecenie aktywne

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

7 sty 2024

Zlecenie aktywne

4th Target of 920 was achieved.

9 kwi 2024

Zlecenie aktywne

Fresh targets are
1080/1125/1200

20 maj 2024

Zlecenie aktywne

Achieved 1080

23 sie 2024

Zlecenie aktywne

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.