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.
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