shaumitagarwal

Longer term view on ITC

Long
NSE:ITC   ITC LTD
ITC perfectly met our targets of 190 for a short term trade.
Now price is testing the 200 Day EMA resistance, which has proved to be a point of rejection multiple times.
We have to keep an eye on it, if price can stay above the daily 200EMA and also cross 210 resistance level (Forming a higher high and a higher low) turning it extremely bullish for the longer term