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readfanatic

ITC Triple bottom pattern

Long
ITC LTD (NSE:ITC)  
readfanatic Updated   
NSE:ITC   ITC LTD
Chart Patterns
2
0
chartpattern
ITC has formed a very rare triple bottom pattern. While at first glance it seems like H & S, we need to rememeber H& S occurs during an uptrend. Triple bottom occurs during a downtrend which is happening now.
Comment:
Estimation Correct.
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