Date: 16-Dec-2024
LTP: Rs. 842.50
Targets: (T1) Rs. 983 --> (T2) Rs. 1,049 --> (T3) Rs. 1138 --> (T4) Rs. 1,279
SL: Rs. 783
Technical View:
•
IRCTC is in primary uptrend and was recently going through it's secondary downtrend within primary uptrend.
• After touching a high of 1,138.90 on 23-May-2024, it has retraced 31% to 783 level.
•IRCTC has recently breakout from it's secondary downtrend with high volume.
•IRCTC is trading above 20 DEMA since last few sessions.
• RSI is in buy zone and trading at 54.65. MACD has given bullish crossover and trading at 2.12.
• Both RSI and MACD are showing positive divergence, indicating trend reversal.
• Looking good to start a new swing from here.
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Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
LTP: Rs. 842.50
Targets: (T1) Rs. 983 --> (T2) Rs. 1,049 --> (T3) Rs. 1138 --> (T4) Rs. 1,279
SL: Rs. 783
Technical View:
•
IRCTC is in primary uptrend and was recently going through it's secondary downtrend within primary uptrend.• After touching a high of 1,138.90 on 23-May-2024, it has retraced 31% to 783 level.
•
IRCTC has recently breakout from it's secondary downtrend with high volume.•
IRCTC is trading above 20 DEMA since last few sessions.• RSI is in buy zone and trading at 54.65. MACD has given bullish crossover and trading at 2.12.
• Both RSI and MACD are showing positive divergence, indicating trend reversal.
• Looking good to start a new swing from here.
Liked the analysis? Boost/Like this idea and follow my ID for more ideas.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
Operación cerrada: precio stop alcanzado
27-Dec-2024---------------
LTP: Rs. 779.25
Call closed as stop loss broken.
Stock Trader | Love swing and positional trading | Not SEBI registered but aspiring to be |
Follow on X: x.com/vikrant_252
Follow on X: x.com/vikrant_252
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Stock Trader | Love swing and positional trading | Not SEBI registered but aspiring to be |
Follow on X: x.com/vikrant_252
Follow on X: x.com/vikrant_252
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.