Irctc reached at very important level.Seems like stock has been exhausted after big bullish move.Candlesticks pattern at the top confirms reversal.Its not recommended to trade futures because i am expecting the stock not so bullish and its way away from 20 Moving average.So shorting out of the money call can be a good trade.
Last day I published an idea on irctc .Now Titan also looks similar ready to fall,but again this is not trade to short futures it is for shorting call near strike price of recent high.Happy Trading :) NSE:TITAN
