Indian Railway Catering and Tourism Corporation (IRCTC) is a Mini Ratna (Category-I) Central Public Sector Enterprise under Ministry of Railways, Government of India. IRCTC was incorporated on 27th September, 1999 as an extended arm of the Indian Railways to upgrade, professionalize and manage the catering and hospitality services at stations, on trains and other locations and to promote domestic and international tourism through development of budget hotels, special tour packages, information & commercial publicity and global reservation systems.(Source : Company Web-Site)
Technical :-Trading in channel also it is a falling wedge pattern, buy at IRCTC c.m.p. or after breakout if u buy at IRCTC c.m.p. then stop loss is below trendline breakout candle.
Target :- 52 week High (1279)
Fundamental :-
Business Model -
1.Mobile Catering Business.
2.Static Catering Business.
3.Hospitality Business.
4.E-Catering Business.
DISCLAIMER :
**I am not SEBI register..**
**This is not an investment or Trading advice. This is Just for discussion/paper trading purpose..
Technical :-Trading in channel also it is a falling wedge pattern, buy at IRCTC c.m.p. or after breakout if u buy at IRCTC c.m.p. then stop loss is below trendline breakout candle.
Target :- 52 week High (1279)
Fundamental :-
Business Model -
1.Mobile Catering Business.
2.Static Catering Business.
3.Hospitality Business.
4.E-Catering Business.
DISCLAIMER :
**I am not SEBI register..**
**This is not an investment or Trading advice. This is Just for discussion/paper trading purpose..
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