Long in ITC for longer term with this small stop
Updated
Go long in ITC. Long in ITC for longer term with this small stop as mentioned in Chart. You don't need any indicator for ITC.
Simply follow the chart and keep stop below 195 on daily closing basis only. If it doesn't close below that then expect 235/240/250/270 then 310/320/350. Just keeping less stop with bigger profit can give you good profit with good dividend.
This is only for long term investment or the target of 350.
PS: I am not a certified and SEBI registered analyst. All my postings are only for educational purpose. Please consult with your adviser before your take any investment decision.
Indicator used: Super trend in daily time frames and Support in Price actions.
Simply follow the chart and keep stop below 195 on daily closing basis only. If it doesn't close below that then expect 235/240/250/270 then 310/320/350. Just keeping less stop with bigger profit can give you good profit with good dividend.
This is only for long term investment or the target of 350.
PS: I am not a certified and SEBI registered analyst. All my postings are only for educational purpose. Please consult with your adviser before your take any investment decision.
Indicator used: Super trend in daily time frames and Support in Price actions.
Trade active
CMP: 206.70
Disclaimer
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.