Sell Indian Railway Catering and Tourism Corporation Ltd Target Rs. 1480

13/04/2021 10:19:14 AM | Source: Religare Broking Ltd

Sell Indian Railway Catering and Tourism Corporation Ltd Target Rs. 1480 - Religare Broking

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Derivative Ideas

IRCTC FUTS added around 10% in open interest as short buildup was seen in it till closing time. Current chart pattern also indicates further down move in its price. We suggest selling IRCTC APRIL FUTURES as per below levels.

Strategy:- SELL IRCTC APRIL FUT BETWEEN 1610-1620 STOP LOSS 1690 TARGET 1480.

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Sell Indian Railway Catering and Tourism Corporation Ltd Target Rs. 1480 - Religare Broking

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