We can see short term play of Cup and handle breakout on ITC, target will be 295, and keep the Stop Loss 268! If the 300 level breaks, then we can see a sharp move towards 320!!
@rupambose32, Thanks! Don't go Long until it gives a breakout!
UnknownUnicorn646072
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@GauravPatil, 276 level is better for short time if it comes there,or buy on breakout
GauravPatil
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@rupambose32, Yes 276 is great, but not sure if it will come there! If it comes to 276, then buy with strict stoploss of 269, because if 269 breaks, then new downward trend will start! After breakout the new bullish trend will start with the support of 285 and 1st target around 300!