It is in symmetrical triangle pattern, and took support at 100 EMA , if it breaks and close it may go down. But wait for the breakout to confirm the direction
Results are good, Weekly bullish engulfing candle. So i go for long in this stock. If you want to stop out your loss , below 1700 closing in weekly candle you may come out .
Time for swing trading......target 2220..stop loss at 2100...enter at cmp 2160 Risk reward ratio is 1:1....Go with your Risk management
ITC in a triangle pattern, breakout on either side will give a good momentum, My view is on upside momentum.
Reliance in accumulation/ distribution phase, so either side breakout only will confirm the upcoming trend....