• On the weekly chart, the stock has
witnessed “Triangular” formation
breakout at 219 levels on a closing
basis along with rising volumes.
• On the weekly chart, this buying
momentum was observed from its
earlier breakout zone of 200 levels
• This buying momentum was observed
ITC Limited
Weekly Tech Picks 20 September, 2021
from 20-week SMA which reconfirms
bullish sentiments
• The daily and weekly strength indicator
RSI is in bullish mode along with
positive crossover which supports
rising strength
• The above analysis indicate an upside
of 238-255 levels
*Holding period is 3 to 4 weeks.
witnessed “Triangular” formation
breakout at 219 levels on a closing
basis along with rising volumes.
• On the weekly chart, this buying
momentum was observed from its
earlier breakout zone of 200 levels
• This buying momentum was observed
ITC Limited
Weekly Tech Picks 20 September, 2021
from 20-week SMA which reconfirms
bullish sentiments
• The daily and weekly strength indicator
RSI is in bullish mode along with
positive crossover which supports
rising strength
• The above analysis indicate an upside
of 238-255 levels
*Holding period is 3 to 4 weeks.
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.