bharathhk

ITC short opportunity during India Budget 2017

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NSE:ITC   ITC LTD
ITC reacts to budget as every year tax imposed on tobacco products are increasing. Anticipating the same from upcoming budget as well. Also given an example of Cup and Handle pattern, just for educational purpose only.

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Expected duty was near 10% but Govt imposed only 6%, which turned out to be a good news for ITC. ITC might hit 300+.
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You are right. It will definitely crashed on 01/02/2017
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ind in very good news what happened
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