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bangalorean
Jan 6, 2020 3:22 PM

Short ITC Short

ITC LTDNSE

Description

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Order cancelled

Comments
Dr_Netalkar
Why Short? If it takes support at the current level it may go up. RSI is 38, MACD crossing signal line. May go upto 263. Comments Please.
stockbear
@Netalkar, true. High chances of a reversal, considering a lot of smart money is taking delivery of the stock.
Dr_Netalkar
@stockbear, thanks. I am not an analyst but just an observation.
satyaranjanpuhan371
@Netalkar, When it strikes more than 3 times at one support there is more chance it may give break down though the support became weak.
Dr_Netalkar
@satyaranjanpuhan371, ok thanks. Will get back when the pic is clear.
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