@vaibhavtrdg, Its not a most-awaited one as per me. Not having a bullish outlook for ITC
MagixStox
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guys this can consolidate ,it is in a zone where it has done this in past multiple times.
TradingSutra
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@MagixStox, its already coming from a long consolidation so, it will keep moving on up to the measured length of inverse H&S.
MagixStox
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@TradingSutra, historically too even after strong green candles this zone has halted SBIN so i would wait for it to cross out of this zone to go for a long. I may be wrong and miss out on some points but a bit safe in my opinion. Also keeping an eye on Bank Nifty would help as i see a strong resistance coming ahead to halt the ongoing rally.