IRCTC DAILY TIMEFRAME ANALYSIS
# **IRCTC | Daily ICT ConfluX Analysis**
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## **Executive Summary**
IRCTC has completed an **external sell-side liquidity (SSL) sweep** into a **daily discount zone**, where price reacted immediately from a bullish Order Block. The rejection from discount suggests institutional buying interest, with multiple **unmitigated Fair Value Gaps (FVGs)** and **Order Blocks (OBs)** overhead acting as liquidity magnets.
**Bias:** **Bullish Reversal | Swing Trade**
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## **Market Narrative**
After months of markdown, IRCTC swept external sell-side liquidity around **₹493** and printed a strong bullish reaction from demand. The chart now favors a recovery toward higher-timeframe inefficiencies, provided buyers continue defending the discount zone.
The current setup reflects a classic ICT accumulation sequence:
**SSL Sweep → Bullish Reaction → Potential MSS → Repricing toward Buy-Side Liquidity.**
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## **ConfluX Score**
**Overall Institutional Confluence:** **9.2 / 10**
### **Confluence Breakdown**
✅ External SSL Sweep
✅ Daily Discount Zone
✅ Bullish Order Block Reaction
✅ Multiple Unmitigated FVGs Above
✅ Attractive Risk-to-Reward (15.78R)
⚠ Daily MSS confirmation pending
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## **Trade Plan**
### **Bullish Scenario**
**Entry Zone**
* **₹485–493** (Discount + Bullish OB)
**Profit Targets**
🎯 **TP1:** **₹545** – First IRL Buy-Side Liquidity / FVG
🎯 **TP2:** **₹581** – Major Daily FVG
🎯 **TP3:** **₹600** – Internal Buy-Side Liquidity
🎯 **TP4:** **₹651** – Major Daily Order Block
🎯 **Final Target:** **₹695–713** – Premium Zone / Higher-Timeframe Order Block
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## **Invalidation**
A sustained daily close below **₹485** would invalidate the current bullish accumulation thesis and increase the probability of further downside.
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## **Conclusion**
IRCTC is trading from a **high-probability institutional demand zone** after sweeping external sell-side liquidity. With price positioned in discount and several higher-timeframe inefficiencies overhead, the risk-to-reward favors bullish continuation if a Daily Market Structure Shift confirms. The chart offers a potential **15.78R** opportunity, with upside objectives extending toward **₹695–713**.
> **Educational Disclaimer:** This analysis is for educational purposes only and follows ICT/SMC concepts through the ConfluX framework. Always wait for confirmation and practice disciplined risk management before taking any trade.