#IRCTC Share Price are UP today. Why so?
📊 Earnings Recap: IRCTC delivered decent Q3 numbers and sweetened the deal with a dividend announcement! But the real game-changer? Maha Kumbh-driven travel surge could fuel an even stronger Q1 performance! 🚆🔥
📉 Currently bouncing from its weekly support zone (₹650-625), but the real demand zone sits at ₹580-540 if the broader market correction continues.
📈 Upside Potential: Resistance at ₹710, then ₹720-740—but for any sustainable breakout, IRCTC must cross & HOLD ₹700 convincingly!
💰 Valuation Check:
Trading cheaper vs its 5-year average, but the ₹580 support remains the best accumulation zone for long-term investors.
🎯 Key Levels to Watch:
✅ Support: ₹650 → ₹625 → ₹580-540
🚀 Resistance: ₹710 → ₹720-740
💡 Sustained breakout only above ₹700!
#IRCTC #StockMarket #TechnicalAnalysis #learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading #sebiregisteredra
📊 Earnings Recap: IRCTC delivered decent Q3 numbers and sweetened the deal with a dividend announcement! But the real game-changer? Maha Kumbh-driven travel surge could fuel an even stronger Q1 performance! 🚆🔥
📉 Currently bouncing from its weekly support zone (₹650-625), but the real demand zone sits at ₹580-540 if the broader market correction continues.
📈 Upside Potential: Resistance at ₹710, then ₹720-740—but for any sustainable breakout, IRCTC must cross & HOLD ₹700 convincingly!
💰 Valuation Check:
Trading cheaper vs its 5-year average, but the ₹580 support remains the best accumulation zone for long-term investors.
🎯 Key Levels to Watch:
✅ Support: ₹650 → ₹625 → ₹580-540
🚀 Resistance: ₹710 → ₹720-740
💡 Sustained breakout only above ₹700!
#IRCTC #StockMarket #TechnicalAnalysis #learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading #sebiregisteredra
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