clear cut divergence between oscillator and price,
has under performed sector and indices.
if not any thing adverse in the budget ITC is likely to takeout the trend line and move further.
wait for the budget and take position
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@akshay7590, I had written to watch the budget.myself also missed that announcement. in cnbc tv 18 it came later,there is tax imposed on cigarettes,it has broken the trendline too in downward direction.