ITC Long Position in Cash
ITC is has created a symmetrical triangle after falling in COVID Crash and currently resisting at around 240, which is near to falling trendline resistance on the monthly candle bar.
Considering a long consolidation of the past 6 month has created a strong base of buyers.
If stock retraced around 215-225 then, buy in small quantity till to 245 will be a good investor move.
Above breakout of 240-245, buy-on dip should continue till all-time high breakout.
Above all time break out, conside a TGT fpr 600-630-650 as profit booking zone.
Time is not considered but since, all stock had bull run then ITC, possibly a new high of CNX Nifty could come with support of ITC.
Considering a long consolidation of the past 6 month has created a strong base of buyers.
If stock retraced around 215-225 then, buy in small quantity till to 245 will be a good investor move.
Above breakout of 240-245, buy-on dip should continue till all-time high breakout.
Above all time break out, conside a TGT fpr 600-630-650 as profit booking zone.
Time is not considered but since, all stock had bull run then ITC, possibly a new high of CNX Nifty could come with support of ITC.
交易开始
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。