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pranjalprasun
Mar 10, 2021 3:09 PM

ITC (Cup&Handle/RoundingBottom) TGT 320 Long

ITC LTDNSE

Description

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.)
Comments
kanagamurugesan
I am with you on this. Hope it rocks again..
Xyz102sam
Bhai 6 mnths toh ho chuka, kuch hua ITC ka
pranjalprasun
@Sunny102s This is weekly charts. Time frame should be 9-12 months.
pranjalprasun
1-6 was my prediction which obviously didnt work out. No analysis is (can be) 100% full proof
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