ITC | Triple Bottom Breakout | Detailed Analysis here !!🎯

Updated
Positional Trading opportunity ! Weekly Chart Alert !!!

--Buy above =210.45 or CMP
--Target = 235 | 257
--Stop-loss = 196
--Lot Size = 3200
--R:R = 3.27
--Expected Profit = 1.50,000 ₹ per lot ( 22.43% )
--Expected Holding = 1-3 Months only
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Technical Reasons to trade or Strategy applied :-

1) ITC has given the Big Breakout of Triple bottom pattern
2) Retracement is done with big rejection in downsides at support
3) Target is based on the height of the pattern
4) Volume is also good as well as fundamentals


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Analysis (2) 👇👇---------Trendline Breakout ----------👇👇
snapshot

Note
Analysis (3) 👇👇-------W pattern at bottom ---------👇👇
snapshot
Note
Analysis (4)-👇👇-------- Daily Chart Analysis--------- 👇👇
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Trade active
BEST OF LUCK GUYS !!!!
Note
snapshot
Trade closed: target reached
1st Target reached 11 % Gain
safe traders can book full, rest modify SL to cost
Trade closed manually
1st TGT achieved
Safe Traders booked an 11% gain
risky traders exited with No profit No loss
Double Top or BottomITCnifty50priceactionrangebreakoutRectangleSupport and Resistancetechnical_analysistradethetiptriplebottom

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