IRCTC Testing Downtrend Resistance :- Keep In Watchlist

✅ The stock is currently trading at 848, testing the downtrend resistance line. A breakout above this level could mark the beginning of a bullish reversal with potential upside targets of 900-950.
✅ The RSI is at 52, suggesting moderate momentum with room for further upside. The stock has been consolidating near its key support zone around 800, providing a strong base for the next move.
✅ Volume has started picking up, indicating rising buying interest. Watch for a breakout above 850, supported by volume, for confirmation of a trend reversal and bullish continuation.
✅ The RSI is at 52, suggesting moderate momentum with room for further upside. The stock has been consolidating near its key support zone around 800, providing a strong base for the next move.
✅ Volume has started picking up, indicating rising buying interest. Watch for a breakout above 850, supported by volume, for confirmation of a trend reversal and bullish continuation.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Join our community in telegram for real time updates --- telegram.me/marketiik
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.