As per previous yellow retracement after red triangle , 0.5 to 0.618 is SHORT ZONE (294-300). Result is on 26th OCT. Last time on result day GAP up was above 300 but at that time it was in sync with NIFTY. So as of now SELL on rise SL above 303 TGT 275 260. No short holding near 0.75% retracement ..as above it is 360+ . ITC chart is NIFTY chart except this time...
As per Fib, and time cycle , expect levels as per chart shared with upp res in red rectangle zone.
Bullish setup in Monthly . BUY at CMP and add on dip till TGT
Monthly Chart is bullish. One can buy at current level and add till 100 is not broken.