ITC: Ready for a new trending move?

ITC: The RSI has shifted range and held to it after a long time. Overall chart looks good, if Nifty supports the stock may start to scale up soon. The RSI bouncing on 60 is a good sign of buyers presence in the stock. A horizontal supply area is present and ITC is running into it, crossing it and moving ahead will be a good signal.
Chart PatternsTechnical IndicatorsITCNIFTYnifty50options-strategyrsi_overboughtTechnical AnalysisTrend Analysis

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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