ITC stock had a bullish flag pattern breakout some months ago, which resulted in a 15% profit. Now, the stock price has returned to the demand zone (the price range where it previously faced supply). From this range, there is a good chance the stock price could rise. In my view, this current price range looks like a good opportunity to buy.
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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.