ITC- CMP 212.4. It has made bowl formation and if breaks above 213.7 then it can go up to 225. On previous day it went up by around 2% with almost double volumes. Results are also not bad. It can be taken at current price of 212.4 with a sl of 205 on closing basis for a target of217, 220, 226, 234. RSI and MACD, volumes are favoring. This is for educational purpose and any buying shall be done after consultation with finance adviser.
Comment:
ITC Made a high of 245 in 2 months. A return of around 15% in 2 months.