ITC has exhausted its bull run and indicating divergence on daily chart, Elliot correct wave is also due for further up move. This can lead to fall of ITC below 400 by Aug'23.
We can initiate short trade once white line breaks, or we can do now also with SL of 458
Disclaimer - The above idea is only for education purpose
Trade active
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Lets' wait and watch, close the short position above red line.