ITC LTDLong
ITC: Falling Wedge Breakout
Updated
The stock has given a falling wedge breakout and retested the trendline.
Now if stock breaks 225 level with volume then it can continue its journey towards 260 and upper levels and 260 is multiple time tested resistance.
This stock needs patience so have to hold it for may be a little longer time than 1 month.
DISC: All levels are mentioned on the chart. This is for educational purposes only.
Now if stock breaks 225 level with volume then it can continue its journey towards 260 and upper levels and 260 is multiple time tested resistance.
This stock needs patience so have to hold it for may be a little longer time than 1 month.
DISC: All levels are mentioned on the chart. This is for educational purposes only.
Trade active
Trade closed: target reached
Because the candle never closed below our SL level we managed this trade and now It can be booked as success trade.Those who are holding can book the profits now.
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