MarketsWithKR

ITC at a crucial point yet again

Long
NSE:ITC   ITC LTD
One of the most talked-about stocks of the Indian markets, ITC , is at a crucial zone yet again. 200DMA + 200 psych level + support zone + RSI40.

It's retested this level 9 times but is forming lower highs. Will be interesting to see if we're able to see a bounce this coming week...

Marked as a 'Long' with a stop below 200DMA, roughly 4-5%.

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