Description
⋅ ITC LTD.
The stock has given an upper side breakout above 195 from the strong supply zone. This zone will now act as a Demand zone.
Technical Indicators are Bullish.
***TRADINGEDGE Time-Trend Indicator is Bullish.***
Wait for the prices to break the weekly high of 204. Once broken, the next noticeable resistance levels are 217, 221 & 230.
Nearby support is the low of the Demand zone.
KEEP AN EYE! #B+
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***This is my personal view. Please take advice from your financial advisor before investing.