Trading_Freaks

ITC : Falling Wedge Continuation

Long
NSE:ITC   ITC LTD
Ticker Name: ITC

Chart Pattern : Falling Wedge Continuation

This pattern indicates that a tug of war is going on between the seller and buyers and eventually buyer will take control.

At Resistance, sellers show their power to pull down the stock price but the buyer accumulates at each dip.

During Breakout need good volume sign for further uptrend

Major Support Level 191.50

Breakout Target as per falling wedge continuation pattern 360

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