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Simple Trade Setup | IRCTC | 02-09-2021
INDIAN RAIL TOUR CORP LTD
Simple Trade Setup | IRCTC | 02-09-2021
By Trading_hawk
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Updated
Sep 2, 2021
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2
Sep 1, 2021
IRCTC
Observations:
1) On 1 HOUR time frame it has made a rounding bottom pattern and closed just below the critical breakout level of 2750.
Please refer below chart : 1 hr time frame.
-------------------------------------
Trade Setup for Date 02-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Sep 2, 2021
Trade closed: target reached
IRCTC
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