LalitDaine

ITC Strategy for Buying

Long
NSE:ITC   ITC LTD
Wait for channel breakout on upper side if it breaks out take buy(long) trade with target price of 207-208.
It will move very slowly because of large market cap. Fundamentally ITC is very strong with big chunk of cash on balance sheet. Dividend yield is also good around 5% so if you want you can hold for long term as well.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.