skandha1986

ITC - Head n Shoulder breakdown - 4 to 12% downside potential

Short
skandha1986 Updated   
NSE:ITC   ITC LTD
ITC has given Head and Shoulder pattern breakdown at 377 support levels with good momentum and volumes.
Target is coming to 360, 345, 325 levels in 10 - 20 days.
SL: HRly candle close above 377.
Note: Downside may come fast as to trap all the buyers on the top.
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.