1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

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

    Joined:
    Feb 16, 2017
    Messages:
    23
    Likes Received:
    9
  2. chaitanya_mella

    chaitanya_mella Contributor

    Joined:
    May 20, 2017
    Messages:
    140
    Likes Received:
    108
    for all the monopoly, their pricing power can be volatile from election to election.
     
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,028
    Likes Received:
    1,697
    You should but then you have to live with the volatillity and focus more on the dividend yield.
     
    chaitanya_mella likes this.
  4. manickarajan

    manickarajan Responder

    Joined:
    Sep 16, 2016
    Messages:
    72
    Likes Received:
    62
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,028
    Likes Received:
    1,697
    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

    Joined:
    Dec 31, 2019
    Messages:
    5
    Likes Received:
    12
    IRCTC is my stock of 2020, in which i feel we can get upto 80-100% returns !
     
  7. akuvijay

    akuvijay Active Member

    Joined:
    Sep 6, 2016
    Messages:
    35
    Likes Received:
    25
  8. rohitsmallya

    rohitsmallya New Member

    Joined:
    Mar 16, 2020
    Messages:
    1
    Likes Received:
    0
    can we enter IRCTC at the current level
     
  9. akhtar80

    akhtar80 Responder

    Joined:
    Nov 14, 2016
    Messages:
    84
    Likes Received:
    83
    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