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Trade-Wealth
Nov 7, 2017 7:10 AM

ITC - MACD Divergence + BB Squeeze Long

ITC LTDNSE

Description

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.

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