Hi Traders,
As you can see from the chart ITC LTD is in downtrend from 9th Feb 2021 but now it is at the point of breaking out the downward trend line in upward direction. You can take the trade at Rs.213.25 (Buy) and Target -1 is Rs.226.5/- and Target 2 is Rs.237/- (Exit). Stop loss is based on your risk appetite. This trade is for Positional trade (i.e. for short term and not for Intraday trade). Please take the trade only after confirmation candle to avoid the risk of Fake out.
Note:
This is not a Financial advice, trade at you own risk.
As you can see from the chart ITC LTD is in downtrend from 9th Feb 2021 but now it is at the point of breaking out the downward trend line in upward direction. You can take the trade at Rs.213.25 (Buy) and Target -1 is Rs.226.5/- and Target 2 is Rs.237/- (Exit). Stop loss is based on your risk appetite. This trade is for Positional trade (i.e. for short term and not for Intraday trade). Please take the trade only after confirmation candle to avoid the risk of Fake out.
Note:
This is not a Financial advice, trade at you own risk.
Note
Hi Traders,Today ITC high price is Rs.237.30/- which means the price hit both target 1 and target 2 also (I know trade has taken the so much time (around 45 days) after it become active it is due to price is in side way movement after trade become active.
So, today profits booked and exited from trade. Sorry for the late update.
Thank you.
Enjoy the trade and Enjoy the profits.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.