IRCTC - Learning?
Runaway Gaps are traded like flag & pennant patterns. The price move before the gap is projected upwards for the price target. Here the target comes out to be 3230. https://t.co/QuKrekfHG3
IRCTC - A perfect pullback on low volumes after a high volume breakout. Low-risk setup. Weak below 2015 pic.twitter.com/jSHBlEhkE0
— The_Chartist \U0001f4c8 (@nison_steve) June 9, 2021
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I believe 5-10 stocks are enough for a retail investor to achieve super performance. And with small capital, there is no point in buying 20/30 names which doesn't even get appropriate initial capital.
Stock: CDSL
— Steve Nison (@nison_steve) December 16, 2020
CMP - 516.95. Low risk setup. Weak below 500. Target open. Stock retesting the ascending triangle BO line. Kindly check please. @nishkumar1977 @Rishikesh_ADX @VijayThk @kuttrapali @Thekalal @PAVLeader pic.twitter.com/PlcpOMsdnz
Explained you same concept with Elxsi. The real test of a strong Breakout is that the big hand will not give you another chance to buy the share at the breakout level. They will absorb all the selling of weak hands. I mean "STRONG breakout". https://t.co/7fxFqGQl3p
Tata Elxsi ---
— Steve Nison (@nison_steve) June 30, 2021
In the last 10 minutes, all the selling was absorbed despite intraday positions being squared off (if not converted). will wait for the EOD data. However, the chart structure is extremely strong. https://t.co/pci7GCDBEO pic.twitter.com/1NBD9V3mKc
More from Irctc
patience is virtue
no exit. though its slightly overbought, any retracement could be chance
2700 level brings more strength
#IRCTC 1% x 3 cmp 1759
— Sunil Dhawan\U0001f6a9 \U0001f1ee\U0001f1f3 (@SunilDhawan13) February 28, 2021
chart to level mapping@Definedge https://t.co/nP50vq4PJb pic.twitter.com/tzUq1ICIMb
Another fresh breakout making HH-HL
volume spike seen today
Unlock process started which will help irctc to have upcoming good quarter results
Hits 2100+
Keep holding
2300-2500 short term targets
4992 long term target
Monopoly company https://t.co/mlIErwRuP5
Irctc
— Vibhor Varshney (@nakulvibhor) June 7, 2021
Another fresh breakout
Unlock process started in Mumbai - Delhi - up and few other states will help irctc to have upcoming good quarter results
Hits 2100+
Keep holding
2300-2500 short term targets
4992 long term target
Monopoly company
One can add now as well
\U0001f44d\U0001f44d https://t.co/O5M3hj8Mhk