ITC TRENDLINE REJECTION! Short

ITC LTDNSE

Description

⋅ May 20, 2021 2:55 PM

🟠 ITC 🟠 (1D)
The stock has been trading inside a wedge pattern for a long time, it has taken a rejection from the upper trendline on the daily timeframe 👀

We can look to short this stock below the day's low👍🏻📉💫

Comments

curiousKing58884

⋅ May 20, 2021 3:45 PM

I have ITC 240ce June expiry.. What is ur view?

Abhijeet2912

⋅ May 20, 2021 8:00 PM

@curiousKing58884 it's definitely not bullish for me as long as it is trading Inside this wedge.

newbieintrading

⋅ May 21, 2021 2:05 AM

i have 210CE, today i will.exit if it breaks 207. option is kinda risky.