Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, mentioned that the counter exhibits a highly bullish trend, characterized by higher highs and higher lows on the daily chart. He noted that the overall structure appears promising, with the price trading above all significant moving averages (50, 100, 200-SMA). Gour suggested that investors might consider entering at the current price of Rs 1,045, while setting a stop loss at Rs 950 and aiming for a target of Rs 1,200 in the near term.
IRCTC Share Price Target 2024: Railway stock slumps 5% after Q4 results - Buy, Sell or Hold? - ET Now
