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ITC LTD
Short

ITC LTD_TREND ANALYSIS

By sunakshig2
Updated
Ason 16/09/18, ITC is in downtrend in daily time frame. Crucial resistance level is 308.42 and crucial support level is 305.82 as per pivot points (fibonacci). Short ITC if it crosses 297 for target 290/287/280 with stoploss 311.40.
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Since ITC has crossed its crucial support level of 305.82, it is expected to go down further. I will keep updating.
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Note
ITC HAS FORMED BEARISH FLAG PATTERN ON 24TH SEP 2018. SELL ITC BELOW 297 FOR TARGETS MENTIONED ABOVE.
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ITC BELOW 297. SELL ITC
Note
TARGET 1 290 ACHIEVED
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Bearish PatternsITCretracementTechnical AnalysistechnicalanalysisexplainedTrend Analysis
sunakshig2
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