Buy ITC above 200 for Target 210 , 228

Buy above trend line breakout for short term gain for target of 210 , 228


It’s a perfect target of 205 208 220
+1 Reply
Is it still bullish?
sir i have itc 300 shares @ 196 rs , today it goes up to 207.7 and closes @ 203 rs , what is next target for few weeks
@kjeet, note following point:
1. It had given bullish technical trend-line breakout for a target of around 218 (Short term ) and around 270(for long term).
2. PCR decreased of -0.35% today which shows that this breakout is losing its strength.
3.Their is significant amount of addition of both call and put addition at 205.

I would suggest if crosses 206 remain above it till closing then keep holding and enjoy ride till 218, 230 and 270.

so hold with 200 as SL for now.
+1 Reply
kjeet Rahulnirwan
@Rahulnirwan, thanks for guidence sir
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