Table of Contents
Irctc share price target for tomorrow:
{Scroll down to read about short-term ( 4-5 days to 1 month ) and long-term review. These are more reliable than daily fluctuations}.
For 16 December 2021: As our prediction, On 8 December 2021, the stock had a resistance near 852 and closed at 851.40. However, it continued its very short term bullish trend from 730 to 750. On 9 and 10 December, It continued its bullish trend till 868 level. After this move, it closed near 850 level on 15 December.
Now, for 16 December 2021, It has the support near 845 level, and resistance near the 870 level. There is no distinct direction. For an uptrend, it needs to pass the 890 level with other parameters turning green.
For 8 December 2021: On 7 December 2021, Irctc showed a bullish trend. However, these are fluctuations in volatile markets. Now Irctc has resistance near 730 level. If it opens above 730 and sustains. The next resistance would be 752.
For 7 December 2021: Irctc doesn’t have upper targets now. 7 December would be ‘ wait and watch ‘ too. The market is in a short-term downtrend. IRCTC is also following the market to some extent
For 6 December 2021: According to our forecast on 30 November 2021, Irctc has reached all the targets. However, after reaching the target levels it fell to 809. Now, for the further big move, it needs to cross the 853 to 855 level. It has support near 807 level.
6 December would be good for ‘wait and watch.
On 30 November 2021, Irctc got support near785 – 787 level but also got resistance at the 812 – 814 level.
Now for tomorrow, i.e. 1 December 2021,
Its first target would be 812
Second target: 831 to 833.
Support is the same as yesterday, i.e. 785 to 787.
After giving around 500% in one year, IRCTC has faced a major hurdle around the 1200 level.
For 24 November:
Stock is showing bearish momentum as the market sentiments are negative. Target and support levels remain the same as discussed in the ” short term”.
Irctc share price target for the short term:
15 December update: Irctc is still in consolidation, however, If it crosses the 890 level,
we can talk about a big target.
For the short term, Irctc is in a consolidation phase. Its upper target is 950 and 1000.
As noted on 19th November 2021, Irctc has good support near 870 level and resistance near 950 level.
Irctc target for medium-term:
In the next 4 to 5 months, Irctc can trade between 830 to 1000 levels. Its short-term and medium-term targets are quite similar.
Irctc share price prediction for 2022,2023,2024,2025:
( 3 January 2022 update)
Irctc is in the sideways zone. If we talk about the forecast for 2022, it has a strong resistance near the 1000 level. It can test the 650 level in 2022 and then bounce back.
This bounce-back will make Irctc reach the level of 1200 and above in 2023. If this bounce-back has a strong undercurrent, it will be trading around 1500 to 2000 levels in 2024 and can reach 2500+ levels in 2025.
Irctc target for the long term:
Irctc has broken the momentum but not the uptrend. It needs some constant buying and needs to cross the 1200 level with other parameters to turn positive. We use Udaanguru’s different combinations for prediction.
Disclaimer:
The Stock Target price, Forecast, or Predictions provided here are only for reference & educational purposes. The Data or information provided may or may not be accurate or reliable for investment & hence, should be used at one’s own risk.
This is not an offer to sell or solicitation to buy any stock or index and Udaanguru.com will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.
Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, readers and subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek independent professional advice.