ashwinkpes

ITC double bottom - go long target 257 stop loss 215

Long
NSE:ITC   ITC LTD
ITC has formed double bottom .

Bottom 1 : 222 @ 24-Nov-2016. Bottom 2 : 222 @ 26-Dec-2016.

Go long with a stop loss of 215 and a traget of 257.

Expected timeline for traget : 13-jan-2017 to 16-jan-2017.
Trade closed manually: profit earned rupees 19 at 243. Closed trade manually.