Once share break the green line and it gives positive signal to enter for long term target 500 but 392 is near support too. If by chance it breaks then near term short position will be chosen. My 1st Target is 427 2nd Target is 450 Since volume is increasing day to day and it is near to support and moreover, reason for downward is BAT going to reduce its stake. I doing to think it will happen at this level. So chances of upward is more as compare to downward.
Note
Today, BAT sells his portion of stake in ITC and our 1st target also achieve. Happy Trading
Note
our target achieved but patience level needed more to get higher profit. Hold for next target 500 soon. If you want to exit you can. Happy Trading.
Trade closed: target reached
on 22 july I made new target for 500 and today it achieved . Now exit as per your risk capacity. I will hold till new share of ITC hotel not get. Happy Trading
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