IRCTC: Ready for another impulse

9 Eki 2022

After the formation of ending diagonal stock has given an upside impulsive rally and undergone into a corrective phase. The recent price action suggests that corrective phase has been over and stock is ready for another leg of impulse on the upside.

One should buy the stock in the current levels or on dips near 730 zone , keeping SL of 660 look for the tgt of 840-45 and 920-25 region in the coming weeks.