The stock price of IRCTC has fallen below major support levels and currently offers good positional opportunity.
The business has a monopoly and the current news flows had impacted the sentiments negatively.
The news impact seems to be over and the stock is prepared to perform.
Note: The idea shared is aimed at spreading practical awareness of the theoretical concept of Breakdown Trading Strategy. Do not make any financial commitments based on this.
The business has a monopoly and the current news flows had impacted the sentiments negatively.
The news impact seems to be over and the stock is prepared to perform.
Note: The idea shared is aimed at spreading practical awareness of the theoretical concept of Breakdown Trading Strategy. Do not make any financial commitments based on this.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.