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Double bottom - ITC , go long , Target 257 , stop loss 215
ITC LTD
Long
Double bottom - ITC , go long , Target 257 , stop loss 215
By ashwinkpes
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Updated
Dec 31, 2016
1
Dec 27, 2016
ITC has formed double bottom.
First bottom: 24-Nov-2016
Second bottom: 26-Dec-2016.
Expected target : 257
Stop loss: 215
Dec 31, 2016
Trade active
Revised stop loss to 228
Jan 3, 2017
Trade active
Stop loss revised to 239
Jan 5, 2017
Trade active
Stop loss revised to 243
Jan 7, 2017
Trade closed manually
Stop loss of 243 reached . Profit earned 19 rupees per share.
Double Bottom
ashwinkpes
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