sunakshig2

ITC LTD_TREND ANALYSIS

Short
sunakshig2 Updated   
NSE:ITC   ITC LTD
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.
Trade active:
Since ITC has crossed its crucial support level of 305.82, it is expected to go down further. I will keep updating.
Trade active
Comment:
ITC HAS FORMED BEARISH FLAG PATTERN ON 24TH SEP 2018. SELL ITC BELOW 297 FOR TARGETS MENTIONED ABOVE.
Trade active:
ITC BELOW 297. SELL ITC
Comment:
TARGET 1 290 ACHIEVED
Trade closed manually

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