PADMAJAMAHESHBABU

ITC GOING TO FLY?

Long
PADMAJAMAHESHBABU Updated   
NSE:ITC   ITC LTD
Reasons for long:

1.Consolidating since 2020 ( price Between 207 to 245 )

2. Increasing volume in this month

3. RSI indicator nearing to 60, above this price becomes more bullish

and also nearing to 265.30 previous high, which acts as long time resistance,

trade according to your risk...........

if you like my view on ITC ,then please give likes...............

Comment:
238.50 is good support level
Below this level, price might test 230.50/225.80 near by levels approx.......
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.