ITC OVERBOUGHT!!! SHORTING!!
short itc till - 253,
TARGET 1- 282.
i know itc is great, and given great returns this year. but it has completed its waves and now its yet to fall, with a 3 wave correction. check the volume bars too, it has come to same volumes which were earlier(before corona movemets). i feel such that we can take short positions, but if there is still an upward movement in the stock, then i feel that it can cross 370 range too.
TARGET 1- 282.
i know itc is great, and given great returns this year. but it has completed its waves and now its yet to fall, with a 3 wave correction. check the volume bars too, it has come to same volumes which were earlier(before corona movemets). i feel such that we can take short positions, but if there is still an upward movement in the stock, then i feel that it can cross 370 range too.
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