ITC FUTURESLong
ITC - Multi Timeframe analysis, Potential swing
ITC swing trade Analysis
Daily - Breakout from sloping trendline with good volume
Weekly - 3 weeks consolidation high broken
Monthly - RSI support at 60 indicating extreme bullishness in the long term chart
Trade Set up
Buy above 480
Stop loss at 465-470
Target 1 500-505
target 2 - New life time high
*Pro tip - With Nifty consolidating at 200 EMA, this becomes a high probability trade
Good luck, Happy trading!
Daily - Breakout from sloping trendline with good volume
Weekly - 3 weeks consolidation high broken
Monthly - RSI support at 60 indicating extreme bullishness in the long term chart
Trade Set up
Buy above 480
Stop loss at 465-470
Target 1 500-505
target 2 - New life time high
*Pro tip - With Nifty consolidating at 200 EMA, this becomes a high probability trade
Good luck, Happy trading!
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