ITC is at 177.10 as on 03 Apr 20, as the price action(CORRECTIVE) and pattern (BEAR FLAG) suggest, ITC is at end of wave ((4))/Y/(4)
The stock seems weak and lower levels can be expected if R1-R2 held. One push towards R1 which is at 184.90 can be used for covering long.
Possibly we can see 160-144 levels soon
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BUY KOTAKBANK above 1195 with Stoploss of 1142 and Target of 1329.
BUY ABOVE 1195
Stop Loss 1142
We are NOT A SEBI REGISTERED analyst. Trade on stock based on your expertise or consult a financial adviser.
I AM LOOKING A NICE PULL BACK ON SELLERS TERRITORY FROM 1 HOUR NOW PRICE IS ON BOTTOM OF THE RANGE FORM WEEKLY SO NEED TO BE CAREFUL BUT I THINK WE CAN MAKE SHORT PROFIT FORM IT LETS WAIT NOW CURRENT CLOSED CANDLES SHOWING THAT BUYERS ARE TOO AGGRESSIVE SO NEED TO WAIT FOR THEM TO SLOW DOWN .
ICICI Pru life
Trend is down
but is near important Fibonacci retracement level
Buying can be considered above 372
or on dips towards 360
When trade gets activated Keep a Stop loss Rs 6 below buy price
Take care & Safe trading...!!!