ITC Limited is always a positive trend stock and the consumer will increase on daily basis, since major people cannot avoid cigarette once they addicted to it.
I did deep dive analysis in ITC and noticed, deep fall in it as per technicals. It was one of challenging analysis in technical in recent times for me, since the analysis is opposite to what it is actually expected to happen in real world.
Target : 157.45
Target date : 20th Sep, 2020
Breakdown seen in descending triangle chart pattern.