Stock of the day : IRCTC Ltd For Target Rs. 1010 - Religare Broking
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Indian Railway Catering and Tourism Corporation Ltd
* IRCTC has been in strong uptrend after registering a breakout from reversal price pattern.
* After sharp surge, price took a breather finding support near its short term moving average suggests momentum in place.
* The stock has witnessed a breakout from brief range with strong volumes on the daily chart suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned range.
Buy IRCTC Ltd CMP 964.85; Range 963-966; SL 940; Target 1010
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SEBI Registration number is INZ000174330
