Rocky_Chow

ITC dominated by resistance trendline

Long
Rocky_Chow Updated   
NSE:ITC   ITC LTD
Clear case of resistance trendline coming in way of ITCs rise. It can break soon and move up towards the second resistance trendline whereas a u turn would continue the downtrend upto 195 levels where it can find support in the parallel trendline channel
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.