ilmscore | Prediction Details
"it looks like a cup and handle pattern right now correct this is like the cup and the handle if I see some strong volumes again coming up see see these volumes one two three volume it should be a a good volume and uh if with a good volume if it breaks above that I'll be more happy"
By CA Rachana Phadke Ranade | May 2, 2024 | Incorrect
From video
Fantastic Results | Undervalued Stock | GST Collection | GDP Numbers | CA Rachana Ranade 00:50:18 - 00:50:35
Interpreted Prediction
IRCTC appears to be forming a cup and handle pattern with increasing volume, suggesting a potential breakout above resistance if sustained.
AI Evaluation Notes
The prediction of a potential breakout above resistance forming a cup and handle pattern did not materialize. IRCTC's stock price on February 16, 2026, was 613.50 INR, which is significantly lower than its highs in May 2024 (around 1148.30 INR) and shows a downward trend rather than an upward breakout. The provided citation describes a bullish outlook based on chart patterns, which did not occur as predicted.

Prediction Details

Ticker
IRCTC
Price at the predicted date
613.5 USD

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.