WaveTalks

ITC-B-Point Magical Pull 194-195-Selling The Tops!(Nifty @10552)

Short
WaveTalks Updated   
NSE:ITC   ITC LTD
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.


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Trading Strategy
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Plan A

Selling The tops 194-195 as suggested last week from the Video Idea - Shark Bounce Expected 194-195. Expect 190-191 (Target 1) / Below 190 for 183.50-185 (Target 2)

Last Video Idea - ITC


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Plan B

Selling below 183.50 (Strictly) for 180 / Below 180 -More on downside----------------or-------------------Buying Above 183.50 if 183.50 is not pierced downside

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India Nifty Update


Selling The Tops 10540-10560 zone as suggested in the Reliance Last Video Idea

Nifty Snapshot Tops at 10552 Highs- 24th June 2020

Reliance Last Video Idea - Part 2- Careful Below 1600 Highs

Trade active:
10:44 Hrs / 25th June 2020

Last Price @ 195.55

As suggested -----------------------------Target 1 between 190-191 was done yesterday & stock has pushed to new highs at 197.35

So any drop or holding below 196 we consider next round of selling but strictly below 196

Avoid Sell Positions - If crosses 196 & trades above 196

Trade closed manually:
15:08 Hrs / 25th June 2020

Last Price @ 203

Not Trading Also is a type of trading as suggested - we are not selling the stock if ITC trades above 196- Happy not in sell camp. Stock rallied to 203 levels.

---------------------------Nifty Update--------------------------------------------------------

Another side - Expected Nifty to push upside from 10225 to 10300 / 10350 / 10375 targets upside - Happy that 2 targets were done from 10225 to 10360 levels.

Thanks & Good-Bye

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

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