As evident in the pic, ITC is probably forming an Inverse Head & Shoulder pattern on its Hourly Charts.
Break out is awaited. Once we witness a valid Breakout above the neckline, ITC will very likely move up by 15 - 18 points.
Trade active
ITC had given breakout above the neckline of the pattern, and a good move on the upside is likely on the cards. View shall be invalidated below 207 on closing basis.
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