ChakravarthyBatna

FOCUS ITC Ltd triangular pattern :)

Long
NSE:ITC   ITC LTD
PROS: 1. stock forms a good good triangular pattern and now it is in near support
2. if it breakout then it will move further up and vice versa.
2.on 18th friday the last candle was a little hammer .
4. BUY SELL TARGET is at your own trading style.
CONS: 1.Stock breaks 50 EMA and also 200 EMA .
2.the last candle was hammer but its not a perfect one its a red bearish hammer .
3. if stock breaks support it will go down more maybe.

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