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ParamjitMahapatro
Oct 4, 2017 2:14 PM

itc looks bullish in short term Long

ITC LTDNSE

Description

In weekly, price at horizontal support as well as trend line support.

Also regular bullish divergence seen in daily


sl - 256 tgt1 - 290 tgt2 - 318

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hovering around the support level.

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regular bullish divergence seen in daily,

Comment

price showing strength after RBD formation, big candle formed, then price closed above upper BB and BB is slowly expanding

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cmp - 274.55, see how trend reversal happened after the formation of regular bullish divergence, now price is pushing upper BB upwards, sign of bullishness,

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