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Should I buy IRCTC for one year for good returns?

Discussion in 'Fundamental Analysis' started by paresh_gujarati, Dec 3, 2019.

  1. paresh_gujarati

    paresh_gujarati Member

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  2. chaitanya_mella

    chaitanya_mella Contributor

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    for all the monopoly, their pricing power can be volatile from election to election.
     
  3. shabbir

    shabbir Administrator Staff Member

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    You should but then you have to live with the volatillity and focus more on the dividend yield.
     
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  4. manickarajan

    manickarajan Responder

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  5. shabbir

    shabbir Administrator Staff Member

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    I will prefer a slow accumulation strategy if I have to rather than buy in one go. With IPO, it is tough to find support levels as they take time to form chart patterns.
     
  6. jayaravindran07

    jayaravindran07 Member

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    IRCTC is my stock of 2020, in which i feel we can get upto 80-100% returns !
     
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  7. akuvijay

    akuvijay Active Member

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  8. rohitsmallya

    rohitsmallya New Member

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    can we enter IRCTC at the current level
     
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  9. akhtar80

    akhtar80 Responder

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    Start accumulating in small quantities. As due to virus IRCTC is going to go down more. Not many will be travelling.

    Sent from my ASUS_X00TD using DIY Technical Analysis mobile app
     
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  10. sethuramcbe

    sethuramcbe Responder

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    nirajshah likes this.