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k314

ITC parallel channel - buy setup

Long
ITC LTD (NSE:ITC)  
k314 Updated   
NSE:ITC   ITC LTD
Trend Analysis Technical Indicators Parallel Channel ITC LONG longsetup
12
9
trendanalysis indicator parallelchannel itc long longsetup
Looking forward for buying on channel bottom after bounce.

PS: Wait for the bounce confirmation. So keep watching!
Comment:
Keep watching ITC to know what happens at the channel bottom... Buy on bounce recommended.
Comment:
ITC approaching the channel bottom

snapshot
Comment:
ITC at the channel bottom as expected. Will wait and watch for now
Comment:
The green box is holding ITC so far.
Is ITC going to re-enter the channel?
Lets wait and watch!
Trade active:
Candle is sustaining within the channel bottom
Comment:
Comment:
So far price holding within the green box.
Comment:
Price closed above 200 SMA and currently its acting as support

snapshot
Trade closed manually
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