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MaheshWG

ITC resistance/breakout from trendline

ITC LTD (NSE:ITC)  
MaheshWG Updated   
NSE:ITC   ITC LTD
Trend Lines Support and Resistance
2
2
trendline supportandresistance
ITC is most likely to face resistance from trendline around 255 -256

If it is broken then it might go on to make new life time highs continuously.



Note : The information provided is not a trading advise. Just for educational purposes.
Do your due diligence, before entering the trade.
Comment:
Trendline got tested today at 257.

Let's wait and see how things unfold.
Comment:
Breakout of trendline is achieved.

I guess from here on it will keep making new highs.
Comment:
Stop loss - 247
Comment:
stop loss - 249
Comment:
Momentum is gone and it is showing signs of reversal or fall.

Stop loss - 253
Comment:
The same day as I posted the last update. It made low of 253. Lol.
If you have not exited, same stop loss.
Comment:
Stop loss - 263
Trade closed: stop reached
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