imdbeststocktrader

ITC - Long Opportunity - Daily

Long
BSE:ITC   ITC LTD
126 views
4


BSE:ITC

Price has bounced from 61.8 Fib extension. An important Fib level.

Good opportunity to go Long if we get couple of bullish candles

Need to exit the trade if price breaks the trendline.

Stop Loss: 235.32

1st Target : 251.20 (Part of shares can be sold)

2nd Target: 264.91
Trade closed manually: Didn't manage to hit the 2nd target. Sold the remainng shares on 1st Target

Comments

All the best for this trade !
Reply
Thank you Insider B. I am waiting for confirmation. Please let me know what do you think about this trade.
+1 Reply
InsiderB imdbeststocktrader
Even I do have same opinion of buy on bullish reversal, bcos of channel retest, but I will keep My stops a tick or two lower !
Reply
Thank you for your view and input, will keep stops little lower
Reply
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