ITC LTD
Short
Updated

ITC (Short Candidate) - May see 287/285/281

501
ITC has crucial the upper trendline Resistance at 292 and can fall from that Levels and broke 0.5% Fibonacci Support at 287. Can be shorted below 290, SL - 296

Please consider following reasons -

1. Trend Line
2. Negative Divergence
3. Poor Market Sentiment
Note
Target 1 and 2 Achieved,

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.