IRCTC has seen 150+ days of consolidation in close range and has given breakout 4 session back and now staying on top of trend line.
Above 1415, it can see up move to 1450, 1500 & 1550. This stock when moves, it does crazy thing so wait for level to break patiently and get ready to enter in this highly rewarding stock.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
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Piyush Gupta