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ITC downtrend to continue - 160/156/148
ITC LTD
Short
ITC downtrend to continue - 160/156/148
By HarishKannan
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Updated
May 9, 2020
1
May 7, 2020
Down trend to follow this week and next week in ITC following the news - Govt sells 8% stake (22,000 cr) in ITC.
Chances are less to go down beyond 140. Multiple retraces possible. Trade safely.
This is purely my analysis view. Do your analysis before trading. Trade with high risk.
May 9, 2020
Trade closed: target reached
Target achieved. ITC down to 158 on Friday.
Chart Patterns
ITC
Trend Analysis
HarishKannan
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