Can it go up? or will go down?Fundamentally the stock is Strong.
If it gives a breakout can go back to previous highs and a little further.
if it breaksdown can go down a good way.
Watchout!!
in my watchlish!!.
Lookout
ITC VERY STRONG RESISTSANCE at 174.70Honestly, if there was an ever an example to use to teach someone resistance, it's this. Reverses from the trend line every chance it gets.
Imagine the psychology of a trader if it breaks the barrier.
Buy above 175 with an open target. It will move! NSE:ITC
Rising wedge formationFormation of rising wedge is visible look for downside breakout and shorting opportunities.
