ITC retraced from 50% of Fib LevelAfter a big move NSE:ITC has retraced and is bouncing back from 50% of fib level.
1) 460 acting as a resistance level from Aug.
2) This resistance level has been broken with flag and pole pattern or simple after consolidation and with high volume candle
NSE:ITC must take support from 460 and next target can be 480 and 500.
Keep it in your watchlist and act accordingly.
Comment down your queries and suggestions please.