ITC has formed Cup and Handle pattern and it is closed above the 50% Fib level. The next target can be the depth of cup pattern, which will be around 220. Stop loss can be placed below 200.
This is as per my analysis.
Happy Trading.
Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.
This is as per my analysis.
Happy Trading.
Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.
Trade closed: stop reached