Aait24

IRCTC in a bearish descending triangle

Short
Aait24 Updated   
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
IRCTC is currently trading in a bearish descending triangle. The price should break down to a measured move to 0.5 fib levels which is at 820ish. Daily RSI over brought. Also it broke below the 200 period MA on hourly chart.
Comment:
Woah! that wasnt exxpected!!! Great move.. lets see now if it can sustain above the falling trend line.
Order cancelled
Comment:
The pattern is getting morphed
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