ITC UPDATE

As.said.to take hedge against st long. Also said to wait for 15 min to take hedge. Today ITC didn't came down below 443 in first half and so no hedge should be entered. Even though if entered there is minimal loss. Also.said.in conclusion that ITC should resume its uptrend from today. ITC closed.at 447 again and above resistance. ITC is in narrow range an it can expand on upside may be from tomorrow or day.
Conclusion
Hold long. Cash purchase is advised.
Close hedge if opened.Given to close hedge on break above.446.

Pesanan dibatalkan:

ITC today is forming a bearish harami pattern, which is a reversal pattern, close trade at cost