ITC finally broke its Resistance line with an OK volume but the candlestick formed is Neutral hence no clear sign of whether a rally is incoming or a Fakeout.
If a Rally is incoming, it will be tested at its long term resistance of 240 and if its a fakeout, it is bound to fall up to 210 levels
Please consult your financial advisor before making any decisions.
If a Rally is incoming, it will be tested at its long term resistance of 240 and if its a fakeout, it is bound to fall up to 210 levels
Please consult your financial advisor before making any decisions.