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Price is in Long term support level or at Demand zone of institutions. One can buy in delivery for the short term.
Price dropped with momentum from resistance zone.
ITC LOOKING BULLISH AS PER FIBONACCI LEVELS AND HULL STRATEGY CROSSOVER OF SIGNAL LINE TO UPSIDE ZONE.
EVERYTHING MENTIONED IN CHART.
Very common price action structure with momentum, There is a different trade managaement and money management behind the setup so do your own analysis before taking trades
good zone to go long, but still depend upon how price entry into zone.
all levels are mentioned on the charts , take a wise decision of nifty on that basis .
Price reversed from Resistance zone with LL/LH formation, Its good sign of sell continuation
the baton of 5% upmove might now be passed to this stock now !
after a tough resistance been breached on weekly frame stage is set for big big move !
see immense potential in the following stock , with a potential to deliever great returns , as due to political decision of plastic ban .. that will likely t be followed by different government as well in near future !