IRCTC range breakout

IRCTC

IRCTC is making strong pattern on daily time frame. Go for Long from here.

Current Price: 895 rs
Good Entry Point: 860 - 880 rs
Target: 920 rs - 1st, 950 rs - 2nd
Stop Loss: 25 rs
RSI: <65 (Not in over brought zone)
Probability: Positive for Long position
Risk Reward Ratio: 1:3

Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.

Happy Investing..