1. Bullish RSI Divergence at Daily & 15m timeframe. 2. Formation of ascending triangle, which is considered more towards bullish probability trend. 3. Formation of higher low at daily timeframe . 4. Price above EMA 200 on daily timeframe , its still bullish . Swing Trade Target1 - 222 Target2 - 234 Target3 - 244 SL1 - 205 SL2 - 200 (trend reversal)
NSE:ITC 1. Bullish RSI Divergence at Daily & 15m timeframe. 2. Formation of ascending triangle , which is considered more towards bullish probability trend. 3. Formation of higher low at daily timeframe. 4. Hourly candle took proper support on 22nd Jan during last 1.5hours at the resistance shown , respecting the long trend line. 5. Price above EMA 200...
Trading strategy : Key level is 210 1. Go long above 210 keeping a mino Stop loss of 203 , for the target area of 240 & later 280. 2. Go short below 210 if it starts rejecting from the zone of 210-220 for the target of 190/175. 3. If it starts taking support near the zone of 175-180 again go long with that recent low as SL & ride till 210 & above 210 follow plan 1.
This is ITC Analysis is mentioned in video .
EDUCATIONAL PURPOSE ONLY! Hello Friends, Today you can sell zeel and itc.
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