MahiReddy

ITC Head & Shoulder

Long
NSE:ITC   ITC LTD
NSE:ITC

ITC looks Head and Shoulder pattern
Support levels 201-203
Resistance 209-211

Comments

will it move above 220 rs before 26th Aug expiry
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@rhjain, I feel If it sustain above 211-212 then we can see the move till 218 coming days.
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sukumar7879 MahiReddy
@MahiReddy, This is Sukumar Reddy ..Any target for this week ? Your suggestion please..I took 215 CE @4 for Sept Expiry...seems it wont cross 210 as OI is so high so want to exit from this waste script....
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MahiReddy sukumar7879
@sukumar7879, ITC may take bounce from today
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sukumar7879 MahiReddy
@MahiReddy, Looks like but its not able to sustain at day higher levels...But end of the day it will close to Red and same thing is happening since 8 days,...Its not able to cross 207....If 207 holds couple of day then we can expect 212 in very short time....
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