SnowLeopard449892N

ITC on possible bull move 5th wave

Long
NSE:ITC   ITC LTD
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4
from latest swing low its retraced 61.8% and further it retraced to 161.8% and still it has potential to touch 261.8% . according elliot its 5th wave is still remain so it could possible up move otherwise cos it has formed double top so maybe it can go to lower channel to test channel or . its also showing flag pattern on current situation. it has higher probabilities of spiking bull move.
Comment: Nine of the 10 most valued companies registered a combined profit addition of Rs 71,964 crore in their market valuation last week, with ITC reporting maximum gains. so keep ur eyes on stock
Trade closed: target reached

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