ITC has been moving in a Rising Parallel Channel from March 2020 and it has been respecting the trendlines perfectly.
From making a high of 239 it has found support at 196-199 levels and has reversed from there. Now the support zone and the Bottom of the Parallel Channel are coming together and if this support holds could see a decent up move.
The volumes are also well below the average for the past month. Buy at near support on a Bullish candle for following Targets.
T1-218.60
T2-234
T3-260
From making a high of 239 it has found support at 196-199 levels and has reversed from there. Now the support zone and the Bottom of the Parallel Channel are coming together and if this support holds could see a decent up move.
The volumes are also well below the average for the past month. Buy at near support on a Bullish candle for following Targets.
T1-218.60
T2-234
T3-260
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.