IRCTC - 1st Halt ( Amazing Journey 625 to 980) - What Next ?
Trading Strategy
Scenario 1-
Holding above 920
Part A:
Expect upside push to 980-1000 zone
Part B:
Selling if fails to cross 1000 or crosses 1000 falls immediately then expect 920 / 850 /700
Scenario 2 -
Strictly Holding above 1000 for extreme bullish scenario- Expect 1500 -1600 Target zone. Failing to hold 1000 post crossing above becomes "Part B - Scenario 1" as mentioned above.
Thanks for all support
Wish All of You A Happy, Prosperous & Terrific 2020 !!!
Scenario 1-
Holding above 920
Part A:
Expect upside push to 980-1000 zone
Part B:
Selling if fails to cross 1000 or crosses 1000 falls immediately then expect 920 / 850 /700
Scenario 2 -
Strictly Holding above 1000 for extreme bullish scenario- Expect 1500 -1600 Target zone. Failing to hold 1000 post crossing above becomes "Part B - Scenario 1" as mentioned above.
Thanks for all support
Wish All of You A Happy, Prosperous & Terrific 2020 !!!
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12:59 Hrs / 6th Jan 2020Last Price902
Below 920 - Stock puked but as Index looks to bounce (holding 11980-12000 zone for 12050/12100 next) - IRCTC can also bounce holding 900 & above - don't buy if fails to hold above 900.
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19:31 Hrs / 6th Jan 2020Last Price@ 895
It's not easy trading here for the stock & shall do all choppy moves -going up & down several times.
One can look to sell if bounces upside close to 910 from short term Trading point of view &
If you want to pick this stock as part of portfolio then best rates shall be 850-860 or below 850 -It shall be 700-725 only. Thanks
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10:24 Hrs / 7th Jan 2020 Last Price@912
Trading point of view - Kindly hold & avoid any sell positions at present which was suggested yesterday at 902 - Unfortunately our stop was taken for 2/3 points
This was the most trickiest session from 6th to 7th Jan 2020 as all bears got trapped but I suggested we are expecting this bounce in Nifty sooner or later -rest all is history.
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09:20 Hrs / 15th Jan 2020Last Price @980
This is the reason - why I suggested -------avoid selling IRCTC as it moves above 902 - Wow -------It made new high at 984
Forms Double Top at 980-985 zone - Traders should buy only above 985 or stock may fall
Only Risky Traders call as they lose 4-5 points but strict stops above 985
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.