THIS , ANALYSIS OF ITC FOR NEXT 3-4 TRADING SESSIONS.
ITC IS FORMING BEARISH FLAG LIKE PATTERN .
ITC FACES RESISTANCE NEAR 195-201 LEVELS . UPPER MOST RESISTANCE (ULTIMATE SL) IS AT 205 LEVELS .
PRICE ON CLOSING 187.
THE PRICE MAY CONSOLIDATE LITTLE NEAR 188-192 LEVELS BEFORE COMING TO DESIRED LEVELS OR IT CAN STRAIGHT FALL .
BOTH THE SITUATIONS ARE ON .
EASY TARGET FOR ITC 182 .
BUT WE DONT DO EASY TARGET SO LETS TARGET FOR 178 FIRST THEN 174 .
SL WILL BE YOUR RESISTANCE LEVELS .KEEP IT FLEXIBLE .
HAPPY TRADING AND KEEP SUPPORTING .DO SHARE THE POST IF YOU FIND IT USEFUL .
DO ASK QUESTIONS IN COMMENT SECTION .
ITC IS FORMING BEARISH FLAG LIKE PATTERN .
ITC FACES RESISTANCE NEAR 195-201 LEVELS . UPPER MOST RESISTANCE (ULTIMATE SL) IS AT 205 LEVELS .
PRICE ON CLOSING 187.
THE PRICE MAY CONSOLIDATE LITTLE NEAR 188-192 LEVELS BEFORE COMING TO DESIRED LEVELS OR IT CAN STRAIGHT FALL .
BOTH THE SITUATIONS ARE ON .
EASY TARGET FOR ITC 182 .
BUT WE DONT DO EASY TARGET SO LETS TARGET FOR 178 FIRST THEN 174 .
SL WILL BE YOUR RESISTANCE LEVELS .KEEP IT FLEXIBLE .
HAPPY TRADING AND KEEP SUPPORTING .DO SHARE THE POST IF YOU FIND IT USEFUL .
DO ASK QUESTIONS IN COMMENT SECTION .
Comment:
itc going good .now next is 178..can consolidate here little at 182-185 before coming to lower levels can take another 3 -4 sessions to reach our target price
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