TraderHercules

ITC AT FIBONACCI RETRACEMENT

Long
TraderHercules Updated   
NSE:ITC   ITC LTD
ITC is trading at monthly 200EMA support along with Fibonacci support. From here downside is limited considering fundamental ratios. Not expecting much from results. However, there is a strong demand zone at 150-165. ITC can be a big bet for the year 2021.

CMP - 174.75
Short Term Target - 190
Mid Term Target - 220
Trade closed: target reached

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