varadtambolkar

ITC Getting Ready for move.

Long
varadtambolkar Updated   
NSE:ITC   ITC LTD
Simple consolidation
Interesting thing is stock is entering into expansion mode. Look at the size of candles in black box & compare it with the previous sizes of candles.
Size is getting bigger & bigger.

Volume activity also favorable


Expecting a breakout soon.
SL at 190-195.

Comment: Target 235/265-270

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.