Mentioned all the parameters on charts. I am bullish on ITC.there are many factors to analyse.
In the daily chart, we can see that there is a clear reversal from the bottom of the channel. Take long positions for longer targets.
Okay, here is my thought process on a laggard. Let's look at the base trendline first. This trendline was drawn first on monthly charts to see where the stock has taken very strong support in the past (circled). "An earlier support later becomes a resistance". ITC has attempted to pierce through this line with good volumes. Next, on the weekly charts, I have...