mdhaamu
Long

ITC - MACD Divergence + BB Squeeze

ITC (NSE:ITC)  
NSE:ITC   ITC
ITC             is poised for strong either way move, considering MACD divergence & BB squeeze, it is likely to move upward.
Above 270, it is expected to reach 290.
Comment: Breaching down
Comment: Today it made hammer and indicates some upmove. Monday will decide.
Comment: Weekly chart outlook, standing critical support below 256, much more damage awaited.

I am targetting it for 258 :p and even below that for some time...
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mdhaamu rohitkatwal
@rohitkatwal, Possible, below 255 it will land around 235.
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@mdhaamu, support is at 256....breaching below that it will give a dead cat bounce....but i wont be in after that.....
+1 Reply
mdhaamu rohitkatwal
@rohitkatwal, Good.
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