ITC - Key level
The most talked about FMCG stock.
With almost all bad news now factored into it, the stock is at a key short term demand zone and also a key fibo level.
If the stock bounces here we can expect a good move as there still is an RSI +ive divergence. But wait to see the bounce because if it breaks down it won't be surprising if it reaches the lower trend line.
With almost all bad news now factored into it, the stock is at a key short term demand zone and also a key fibo level.
If the stock bounces here we can expect a good move as there still is an RSI +ive divergence. But wait to see the bounce because if it breaks down it won't be surprising if it reaches the lower trend line.
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