akshaybatra020

ITC DOUBLE BOTTOM AND DESCENDING TRIANGLE BREAKOUT - BULLISH

Long
NSE:ITC   ITC LTD
ITC HAS SHOWN A AMAZING BULLISH BREAKOUT AFTER REACTING POSITIVELY TO THREE MAJOR BULLISH REASONS
1. Took support at 32 years old trendline
2. Made double bottom pattern and respected the support zone.
3. Breakout from descending triangle pattern.

YOU CAN ADD THIS FOR TARGE OF 250-260 WITH SL OF 208 FOR MEDIUM TERM, THIS IS ALSO A GREAT PICK FOR SAFE INVESTORS IT ALSO ENTERTAIN WITH AMAZING DIVIDEND EVERY YEAR


LIKE | SHARE | COMMENT

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.