Is ITC in the process of a Round Bottom formation? It seems so. Well bounced from Support level in recent trading session. Target Rs. 330/- as of now. Short term trader to watch the level Rs. 288 as Trailing Stop loss.
Comment
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In line with expectation. Fall bought into today.
Trade active
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Has to cross 298 as first resistance!
Trade active
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It should not close below Rs. 288/- on closing basis. It should bounce from hereon towards Rs. 298/-. Otherwise to be closed.