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pranjalprasun

ITC (Cup&Handle/RoundingBottom) TGT 320

Long
ITC LTD (NSE:ITC)  
pranjalprasun  
NSE:ITC   ITC LTD
Chart Patterns roundingbottom doublebottomreversal Double Bottom
2
4
chartpattern roundingbottom doublebottomreversal doublebottom
Rounding Bottom, Cup and Handle, Double Bottom all rolled into one chart on ITC (weekly basis).

The depth of the cup is around 80. That means it should go till 240+80=320 once the breakout is achieved.

Strategy: Buy levels:195-210 (due to recent Rs 5 Dividend). Hold till atleast 300. Time Frame:1-6 Months

(Only for illustration purposes. No buy/sell advice.)
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