ITC has given a breakout above 195 level and closed strongly on DCB.
On monday,if the index trend is up, we can expect a move towards 205 level this week.
Any correction in the price can bring it further down towards the upper line from where more quantities can be added upon price action confirmations.
All validations given as per setup :
Hourly chart :
Trade as per you RR.This is only an analysis and not a recommendation.
Happy Learning!
On monday,if the index trend is up, we can expect a move towards 205 level this week.
Any correction in the price can bring it further down towards the upper line from where more quantities can be added upon price action confirmations.
All validations given as per setup :
Hourly chart :
Trade as per you RR.This is only an analysis and not a recommendation.
Happy Learning!
Trade closed: target reached:
Made high of 205.25