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Somanathrout

ITC hourly chart elliot wave analysis

Long
ITC LTD (NSE:ITC)  
Somanathrout  
NSE:ITC   ITC LTD
Trend Analysis Wave Analysis Chart Patterns
5
3
trendanalysis waveanalysis chartpattern
AS I WATCHED THE RHYTHM CAREFULLY I FOUND IT IS FOLLOWING A PATTERN AND FOLLOWING IT CLASSICALLY. SO, IT MUST NOW RETRACE UPTO ATLEAST 1.0 % WHICH WILL BE 199. STILL A GOOD EXPECTATION.

I DONT THINK IT WILL GO BELOW ITS PREVIOUS LOW, STILL FOR SAFETY MATTERS STOPLOSS TO BE SET AS 170 AND RISK REWARD WILL BE 1:2.

happy trading.
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