ITC has been making a descending triangle for almost 4 months The stock is near it's major weekly support Offers good risk reward at the moment Expect a good momentum if the triangle is broken on the upside with the rejections marked in the chart as potential targets Suggested SL : 193
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@Nikhil_Tripathi, We can enter at the current levels or close to 199 if very stringent. The stock was lacking momentum in the past few months leading to excessive trolls. I believe good times are ahead for the stock in the coming days.