The pair has been moving in a falling channel pattern from the past three months. Yesterday, the pair tested the 1.08230 support level for the third time and again took a bounce, ending the day with a long bullish candle and creating a morning star pattern. Moreover, the upliftment in the pair was supported by the divergence between the prices and the RSI...
POSITIONAL TRADE IS POSSIBLE IN ITC
BREAKING FROM A DOUBLE BOTTOM FORMATION
IF THE STOCK MANAGES TO CLOSE ABOVE 286 ON CLOSING
BASIS ON FIRDAY GO LONG