Stock trying to break the major resistance with high volume , if it breaks the 100-101 resistance level we can wait for some lil bit or correction or can enter for short term gains , it will go up to the range of 150 & more . Simple price action .
Itc came upto its strong support zone can be reversed from here as its forming ascending triangle , can be brought after it breaks the triangle at price between 204-205 for the target of 210-15 in 5-8 days . 209 can be resistance after that it will play as support .
As we can see its taking strong support at 44Ema and at fib retracement 0.382 and forming a symmetrical triangle we can see upward move till 274 -275 and can go all time high , can take position at this level i.e 265 with target of 275+ .
