ITC Triangle Breakout - Long
Hi Guys,
Please find our analysis for ITC Ltd!!!
Script has strong resistance at 220 and Trendline will act as the resistance too.
Now the script has braked out the triangle pattern.
Trend was reversed from downtrend to Uptrend as weekly chart was formed Higher Highs and Lower Lows refer the screen shot:
https://www.tradingview.com/x/5E3cPDsf/
Confluence Zone:
1. CPR Bullish Breakout
2. Price Action - Triangle Breakout
Buy above - 212
Target - 238.00
SL - 205.55 ( Closes Below in Daily Time frame)
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade or
contact your financial advisor.
Please find our analysis for ITC Ltd!!!
Script has strong resistance at 220 and Trendline will act as the resistance too.
Now the script has braked out the triangle pattern.
Trend was reversed from downtrend to Uptrend as weekly chart was formed Higher Highs and Lower Lows refer the screen shot:
https://www.tradingview.com/x/5E3cPDsf/
Confluence Zone:
1. CPR Bullish Breakout
2. Price Action - Triangle Breakout
Buy above - 212
Target - 238.00
SL - 205.55 ( Closes Below in Daily Time frame)
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade or
contact your financial advisor.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。