TradingView
mohit_jk
Jun 19, 2021 4:20 PM
ITC breakout + ma 200 support
Long
NSE:ITC
1D
ITC LTD
NSE
Description
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Jun 19, 2021 4:20 PM
This could be a perfect price action trade....ITC is having support of 200 ma at 200 + there is formation of descending triangle... buy the dip
Trade closed: target reached
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Sep 20, 2021 6:16 AM
still has the potential to more upwards atleast till 266
Trend Analysis
breakout
Comments
consistentStor15510
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Jun 19, 2021 5:42 PM
isn't descending triangle kinda bearish signal?
mohit_jk
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Jun 19, 2021 6:26 PM
@consistentStor15510
, not all descending triangle are bearish brother
mohit_jk
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Jun 19, 2021 6:28 PM
@mohit_jk
, if descending triangle is formed after a upside rally than usually they give bullish breakout signal
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