ITC Ltd

Updated
Result Declared. But it will be interesting to watch the stock at its sweet zone above 135 TL sub wave. But its primary signals towards completion of 3rd Wave. But the problem is 3rd wave can extend upto 2.618 now it has reached just 1.618. So better wait for a proper breakout or reversal to go long.
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Chart and Analysis By - Adarsh Dey
Note
Mentioned 216. And ITC respected Dot to Dot by making 215.80 Low.
As of now now reversal signs seen.
And such support may last for few days.So need to wait before coming to any conclusion.
Note
Correction: As of now no upward reversal signs seen.
Note
Marching towards it 2-4 TL. It's first strong support.
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