but wo @214 se travell karke aa raha hai iten uper se brk karna itna assan nahi hai
PreetPatel18
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good analysis, but I think it'll go down, reason is in your chart itself, from 15th or 16th may till date, it's a head and shoulder pattern with breakout already happened. so I think it'll be easy to break the support and get more bearish for untill next month.
vishwajeet24
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@PreetPatel18, ITC brk out upside , according to my setup its clr cut buying time
PreetPatel18
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@vishwajeet24 see, it has given a breakout downwards, it was just a retrace towards the neck line of head and shoulder pattern, it retested it and moved as per the pattern indicated, your analysis was good but u missed out on this very important pattern. one thing that I've learned in last two years of my technical analysis is that never ignore any pattern before making any trading decisions, specially to such widely traded head and shoulder pattern, bro it has roughly 75% success rate. best luck brother.