IRCTC -Getting Ready to take off

IRCTC looks positive on most of the timeframes.

735-740 were the levels that the stock resisted for approx 2 months, then broke above it, and now consolidating above it from the past 1month.

Sustaining the same levels, the stock could move towards 780 to 850 levels in the coming weeks.

Trade Type: Positional - Long Trade
Immediate Support @ 735- 740
Immediate Resistance @ 780-790
CMP: 758

Tomorrow it might open with a gap on the upside, hence Buy on the dip and build on the way up

Trade at yout own RISK






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