21 MAY 2020
INSTRUMENT: ITC
TIME FRAME: DAY
OTHER TIME FRAMES FOR CONFIRMATION:
3Hr. 4Hr
INDICATORS AND THEIR TRENDS:
PSAR: Bullish
STOCHASTICS: Bullish
MOVING AVERAGE: Bullish SUGGESTED TREND: Bullish
Technical levels
CMP: 188.89
Sell below: 187.31
SL: 185.55
TARGET 01: 192
TARGET 02: 194
My analysis of ITC is it is expected to gap up tomorrow 21 MAY 2020 and reach a target of 192 to 194. It has the capacity to reach up to 203. If it retraces from 203 to below 195 then would prefer shorting on a long term basis
INSTRUMENT: ITC
TIME FRAME: DAY
OTHER TIME FRAMES FOR CONFIRMATION:
3Hr. 4Hr
INDICATORS AND THEIR TRENDS:
PSAR: Bullish
STOCHASTICS: Bullish
MOVING AVERAGE: Bullish SUGGESTED TREND: Bullish
Technical levels
CMP: 188.89
Sell below: 187.31
SL: 185.55
TARGET 01: 192
TARGET 02: 194
My analysis of ITC is it is expected to gap up tomorrow 21 MAY 2020 and reach a target of 192 to 194. It has the capacity to reach up to 203. If it retraces from 203 to below 195 then would prefer shorting on a long term basis
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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.