manavtechresearch

ITC WEEKLY CHART SEEMS BULLISH

Long
NSE:ITC   ITC LTD
-after the stock broke out of a symmetrical pattern on weekly chart
-we saw a pullback and retest of the breakout level
-this confirmns the pattern
-after retest the stock did manage to consolidate and go sideways
-last week stock finally decide to absorb the bad news and move forward
-we can see good potential upside
-buy above 215-218
-enter a stop below 209
-intitial short term target is 223-2225
-swing target can be between 230-232-234

TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.