Virajsemwal

budget holds the keys

Long
NSE:ITC   ITC LTD
3
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 !!
Comment: ITC Has moved as anticipated !!
would be holding it as of now !!
Trade active: Long wait ...
Trade closed: target reached: Booked half .. Was n investment bet...
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