We will see level for buying @ 300.00 - 298.00 & SL 297.50. If above mention level is breached than after we will see next @294.00 - 292.50 & SL @292.00
Both level mentioned in the chart..., Keep your eagle eye on the ITC.
ITC has brocken out of the channel where it was trading for quite a some time. Stock has already tested the upper boundary indicated by blue line(positive sign), once stock goes above green line then it becomes potential buy. Wait for stock to break green line. Jai Hind
NSE:ITC has broken out of zone forming cup and handle kind of pattern. ADX also is giving signals for a start of new trend. It has a great potential to move upside but its a slow moving stock so option trading might not be a good option. Cmp is around 300 and is expected to move above 320/345/353 if these levels are crossed it will trade above 52 week highs.
AGAIN, MANY NIFTY50 STOCKs SHOWING SIGNS OF SIMILAR UPTREND I THINK WE COULD BE IN A STRONG BULL PHASE FOR THE NEXT FEW WEEKS ( *** I THINK *** )
I would greatly appreciate , if you give me LIKE . Follow NEVADA_TRADING to get notification at e mail - for all new Trading ideas Idea is for positional trading not Intraday trading.
The Technical Chart is showing some Consolidation but the direction is not clear
WELL BACK AFTER A LONG TIME ... COLPAL I FEEL A GOOD SELKL CANDIDATE INB RISK REWARD TERMS
on charts looks damn weak lets see !