IRCTC share price Today Live Updates : IRCTC Stock Price Dips as Market Reacts Negative

The trading volume of IRCTC until 12 AM is down by 24.67% compared to yesterday, while the price is currently at ₹991.25, a decrease of 3.05%. The volume traded, in conjunction with the price, is a key indicator for analyzing market trends. A rise in price accompanied by higher trading volume indicates a strong upward trend, whereas a drop in price with increased volume may signal further price declines.

The stock price has been moving between 1006.82 and 987.97 levels in the past hour. Traders could potentially consider rangebound trading strategies by purchasing near the hourly support at 987.97 and selling near the hourly resistance at 1006.82.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

As per the Technical Analysis, short term trend of IRCTC share is Bearish and long term trend is Bullish

The current market price of IRCTC has broken the first support of ₹999.97 (derived from classic pivot table) on a daily time frame indicating a bearish move but traders need to monitor for possible reversals from ₹978.53. If the stock price breaks the second support of ₹978.53 then there can be further negative price movement.

The trading volume of IRCTC as of 11 AM is 54.35% lower than yesterday, while the price is currently at ₹994.9, reflecting a decrease of 2.69%. Analyzing both volume and price is crucial for trend analysis. An increase in price accompanied by higher volume indicates a strong upward trend, whereas a decrease in price with higher volume may signal further price declines.

IRCTC reached a peak of 1011.9 and a bottom of 993.05 in the previous trading hour. In the latest hour, the stock surpassed all support levels on an hourly timeframe. Traders may want to consider possible shorting opportunities.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

The current market price of IRCTC has broken the first support of ₹999.97 (derived from classic pivot table) on a daily time frame indicating a bearish move but traders need to monitor for possible reversals from ₹978.53. If the stock price breaks the second support of ₹978.53 then there can be further negative price movement.

Today, IRCTC’s stock price dropped by 2.09% to reach ₹1001.05, while its counterparts are experiencing a mixed performance. Easy Trip Planners, International Travel House, and Kaya are all declining, while Thomas Cook India is seeing an increase. Overall, the benchmark indices Nifty and Sensex are down by 0.46% and 0.57% each, respectively.

The analyst recommendation trend is shown below with the current rating as Hold.

The trading volume of IRCTC until 10 AM today is 67.41% lower than yesterday, while the price is at ₹1005.1, down by 1.7%. Volume traded is a key indicator, along with price, for analyzing trends. An increase in price accompanied by higher trading volume indicates a strong upward trend, whereas a decrease in price with higher volume may signal further price declines.

IRCTC touched a high of 1020.9 & a low of 1010.2 in the previous trading hour.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Today, IRCTC’s stock price decreased by 0.43% to reach ₹1018.05. Among its peers, Easy Trip Planners, International Travel House, and Kaya are experiencing declines, while Thomas Cook India is showing an upward trend. The benchmark indices Nifty and Sensex are trading at -0.07% and -0.14% respectively.

A decrease in futures price combined with an increase in open interest in IRCTC indicates a potential downward price movement in the near future. Traders may consider maintaining their short positions.

IRCTC share price is at ₹1015.9 and is still trading between the key support and resistance levels of ₹999.97 and ₹1050.02 on a daily timeframe. If it crosses the support of ₹999.97 then we can expect a further bearish movement. On the other hand if the price crosses 1050.02 then it will lead to a bullish movement.

The share price of IRCTC has increased by 0.11% and is currently trading at ₹1023.55. Over the past year, IRCTC shares have emerged by 63.45% to reach ₹1023.55. In contrast, the Nifty index has risen by 22.88% to 22489.75 during the same one-year period.

The key support and resistance levels for IRCTC on the daily timeframe are given below. Please note these support and resistance levels are derived from the classic pivot table.

The analyst recommendation trend is shown below with the current rating as Hold.

The trading volume yesterday was 8.92% higher than the 20 day average. Yesterday’s NSE volume was 3 mn & BSE volume was 106 k.

The stock traded in the range of ₹1059.95 & ₹1007.5 yesterday to end at ₹1052.35. The stock is showing initial signs of a trend reversal after a robust uptrend