ITC --INTRADAY SETUP- 27/04/2022
ITC --INTRADAY SETUP --15 MIN CHART
1. CUP & HANDLE formation breakout above 259 level cmp 258.95 Trend look bullish at breakout.
2. Trendline breakout also seen on 15 min chart
3. stock currently trading at upper channel low level possibly bounce to upper level as per channel
4. wave trend setup bullish formation to move upside
5. RSI at mid range 55 level
BUY ITC above 259 intraday
target 261-265
stop loss 255
&& THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk !
HAPPY TRADING. !!
1. CUP & HANDLE formation breakout above 259 level cmp 258.95 Trend look bullish at breakout.
2. Trendline breakout also seen on 15 min chart
3. stock currently trading at upper channel low level possibly bounce to upper level as per channel
4. wave trend setup bullish formation to move upside
5. RSI at mid range 55 level
BUY ITC above 259 intraday
target 261-265
stop loss 255
&& THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk !
HAPPY TRADING. !!
Note
INTRADAY Support 257Resistance 261.50, 263
Note
buy only above 259.. level . 9.25 am -- 27/04/2022Note
buy level not trigger .. at 259. ! NO TRADE IF 5 min candle does not close above 259 .!
Note
look like nifty trend is negative today hence BUY level not trigger FOR ITC till now at 259 . Intraday closed . no trade will be initiated. !!Trade closed manually
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