After a considerable downtrend, ITC has broken the trendline. I wouldn't enter the trade right away. I would wait for it to retest the new little trendline that I just drew. Target: 180 SL: The new little trendline.
Comment
Tomorrow if ITC stays above 169 for 1st 15 min, then go long.
Comment
Trade not initiated yet. Bcoz price couldn't sustain above 169 on 27 OCT
Comment
Missed this bus. But one can still wait for a pullback as ITC looks bullish from here.
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.