ITC price actions:Strong support 181.55 below, this price stock can slop up-to 174.30
If the price cross 186.35 to be in safe side stock can move up-to 192.70.
The stock moment is very slow.
In support line candle made a tail which shows price rejection.
A double curve has created and having a strong support level.
Itctime
Smoking Time - ITC Hi All ,
Just a few observation on ITC time study (This is not price study).
Every rally is getting corrected in half time of previous rally ,So if this 3 bar correction rally will get corrected in 1.5 bars i.e 7-8 days i.e BY 17the march ????
If yes you know where will be NIFTY.
If we study ITC, RIL , Infy we will get fair idea on where will be NIFTY
(Yeah BPCL, HPCL are causing fall in NIFTY , so they can be banned , LOL, Just kidding )
Once again this not price study , Just time study