IRCTC – 1M Chart Update
IRCTC
Stock is approaching a long-term demand zone near 570–550, after consistent lower high structure from 1,093 peak.
Monthly structure shows corrective phase within broader uptrend.
Key Levels:
Resistance – 615 / 653 / 814
Immediate Support – 551
Major Support – 409 / 312
Hold above 550 zone is crucial for base formation.
Failure may lead to deeper retracement toward 400 levels.
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Disclaimer:
SEBI Registered Research Analyst. This content is strictly for educational purposes only. No buy/sell recommendation. Please consult your financial advisor before taking any investment decision.
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