The stock is in an uptrend and was consolidating for a SHORT TIME and thereby forming an Ascending triangle.
Stop-loss is placed according to personal risk management.
ITC @ BUY ABOVE 35.75
TGT 01 - 36.05
TGT 02 - 36.25
SL - 35.50
The stock is looking good at this price for the long term, safe traders can keep SL for 3 points (29.5) and refer to the chart for the targets.
Happy Trading!
InvestPro India Team
