ITC is trying to break the 174.80 on hourly setup for the 4th-5th time. If it manages to break this, it could be a huge move upwards. Buy @175. Target @180. SL@169. CLSA has upgraded the stock too. This could be huge for the stock!
technically stock weak if trades below 300/310 mark in coming month (long term trend)
now at 382 as its shown a steller run from 230 to 400 thus a retracement upto 300 cant be ignored
but overll current trend support a buy on dip(long term)
with the stock forming dual bottom and governmet making posituve changes regarding the sector
the stock can show good upmove in long run can even show 60/62 in 18month duration .
