On analyzing the chart of ITC, we assume that the stock has accumulated for a long time on the lower levels and now to ready to go further as there is good delivery volumes and nothing to loose on these levels. Traders may go long in this stock with small SL of 240.8 with a very good risk to reward for a target of 268 levels for positional purpose
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Fire above 246.80
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Again good deliveries...... hope to see good bounce above 248.
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Another volume movement will be seen above 253 levels.