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 !!
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 !!
Trade active:
Long wait ...
Trade closed: target reached:
Booked half .. Was n investment bet...
would be holding it as of now !!