ITC signalling a buy @ 250 according to Ichimoku daily charts and what makes the trade even more interesting is that the price is supported by the 50 days Moving Average. However be cautious as there is a Signal Line crossover above the MACD line which may well be a false signal as ITC has been making higher low and higher high in the daily chart since Sept 2019 so it's safe to keep a tight stop loss at the previous swing low with buffer.
Buy - 250
Target - 290
Stop Loss - 235
Buy - 250
Target - 290
Stop Loss - 235
Trade active:
Looks like ITC is heading down. Extend the stop loss to 228. This will still provide better risk reward!