ITC LTD
Short

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

Updated
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,
Beyond Technical AnalysisChart PatternsnegativedivergenceshortTrend Analysis

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