ITC in Long channel range Breakout
Updated
As given on chart ITC very bullish above 240 (Channel breakout)
New trade
BUY above 240
CMP 234
SL 220 (all on closing basis)
T - 250/275/300++
240 big resistance so if price halts, be ready for more down side to lower channel levels.
If previous idea followed then EXIT position at cost price - 220 if channel break fails.
ADD more if 240 level breaks for more upside.
Comment you opinions
New trade
BUY above 240
CMP 234
SL 220 (all on closing basis)
T - 250/275/300++
240 big resistance so if price halts, be ready for more down side to lower channel levels.
If previous idea followed then EXIT position at cost price - 220 if channel break fails.
ADD more if 240 level breaks for more upside.
Comment you opinions
Note
Beautifully followed the channel range.
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