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pranjalf1

ITC (Cup&Handle/RoundingBottom) TGT 320

Long
ITC LTD (NSE:ITC)  
pranjalf1  
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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