IRCTC in a bearish descending triangle
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.
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Woah! that wasnt exxpected!!! Great move.. lets see now if it can sustain above the falling trend line.Order cancelled
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The pattern is getting morphed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.