IRCTC : Time to travel.

7 jun 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 jun 2023

Operación activa

Breakout

8 sept 2023

Operación activa

11 dic 2023

Operación activa

Second Target of 765 achieved.

23 dic 2023

Operación activa

29 dic 2023

Operación activa

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

7 ene 2024

Operación activa

4th Target of 920 was achieved.

9 abr 2024

Operación activa

Fresh targets are
1080/1125/1200

20 may 2024

Operación activa

Achieved 1080

23 ago 2024

Operación activa

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.