IRCTC Share price: IRCTC The stock is under continuous pressure. This stock has shown a decline of about 15 percent in 1 year. Whereas since the beginning of January 2025 till now, this share has fallen by 2.10 percent. In today’s trading i.e. January 6, the stock closed with a decline of Rs 25.95 i.e. more than 3 percent. Can the pressure on shares show momentum till the budget? Talking on this, Prakash Gaba of PrakashGaba.com said that investors who are incurring losses in this stock would not be advised to book losses. He said that this stock should be held.
Prakash Gaba says that weakness is being seen in the stock. The stock may fall further from the current level. The share may show a level of Rs 675. It is expected that there will be a bounceback in this stock from this level. But the stock is still showing weakness. However, later further levels of Rs 900 were seen.
There itself IRCON Prakash Gaba also sees weakness in shares. He says that the stock can show a level of Rs 200. Therefore, investors who have invested in this stock with a long-term perspective can stay in it.
Gokuldas Export Talking about the stock, he said that the chart structure remains positive. The stock may also show Rs 1000 level. If you have a long term view then hold these stocks otherwise book profits.
There itself hdfc life Giving advice on the stock, Prakash Gaba said that pressure is possible in the stock in terms of chart structure. It may decline further from the current level. There is a support zone around Rs 555. According to Prakash Gaba, the stock will show a bounceback from the level of Rs 555. Because structurally the stock seems to be on a corrective turn. Therefore, it would be advisable to hold on to this stock.
How was the stock’s performance?
IRCTC shares today closed at Rs 770.35 with a decline of 3.26 per cent. The 52 week high of the stock is at Rs 1,138.90 while the 52 week low is at Rs 765.00. It has seen a decline of 7.25 percent in 1 month, whereas in 3 months this stock has fallen by 11.73 percent.
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