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SunilDhawan
Mar 8, 2020 7:28 PM

ITC Short

ITC LTDNSE

Description

ITC wyckoff distribution Bearish Patterns

Comment

wait for jump

Comment

more bears

Comment

now ppl are saying it's coronavirus affect. but then why chart became bearish before corona in sept 2019
Comments
HARDWIRED_AMIT
again I should have checked your chart before buying into ITC@180-200......

Please check again...seem a base has been formed at 140....(new dividend policy and no more ESOPs)
SunilDhawan
@HARDWIRED_AMIT, u may still get the selling opportunity ..else u might have to cry few years
thr is nothing called base in bear mkt
tradeview07p
I'm not getting meaning of notes in chart - "PSY , BC , AR , ST , UT , UTAD , LPSY , SOW ,SOW IN PHACE B " please explain .
SunilDhawan
@tradeview07p, those are terminologies from wyckoff accumulation and distribution pattern
Ashok0709
Buy with SL 172 target 182/185/191 and 202
SunilDhawan
@Ashok0709, overall trend is bearish, why to take bullish trade with dead cat bounce
still u look at chart for LPSY u will find ur trade setup
guducuk55
WOW as per your chart, what I understand is that ITC can stoop down to 84 levels!! OMG
SunilDhawan
@celes1, u r the only person u noticed 84 tgt. great
guducuk55
@SunilDhawan, Hope I understood it correctly.
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