So this chart of itc is in the weekly time frame, as you can see that, it has given a breakout of a trendline with a great volume of buyers.
And after a breakout, there were two green candles consecutive, with this it has broken its all-time high.
After the breakout of all time high, there was an opposite candle and then we got an inside bar so we got two entry...
So finally bank nifty has come out from a tight range, and today it has been a sideways market.
So our analysis will be simple, tomorrow will be a trending market.
if it opens below the 41800 level i.e previous day's high(PDH) we will wait for the breakout and our target will be the 42000 level.
On the other hand, if it opens gap up, the first scenario will be it...