IRCTC formed a inverse Head & Shoulder pattern in D1 time frame and gave a breakout with good volumes. After breakout it's in consolidation phase and thus formed a flag and pennant pattern in H1 timeframe. High probability setup will be breakout of flag and pennant in bullish direction. Try to Avoid bearish direction.
Disclaimer :- I'm not a SEBI registered analyst. This all are my personal views and not a recommendation. It's only for educational purpose. Do your own analysis before investing.