ITC has been giving a trade from 230 - 250 levels quite regularly now !
weekly charts now approaching the upper band of resistance ! my take is that it would breach the 260-64 levels this time and trade in a new territory ( targets are open)
budget holds the key to success !
till some clarity is on one can sell the feb 250 PE with strict SL ... if the 260-64 levels is breached then further posn can be added !
: only for educational purpose !!
Note
ITC Has moved as anticipated !! would be holding it as of now !!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.