The Trend has started by
ITC
already reached at the supply zone and also touched the level of 1.131 (Bearish Shark Pattern) at price 338.30 in weekly TF.
As per the previous candle closing with rejection, we might assume some profit booking here.
SELL : Short opportunity only arise if price breaks the previous week candle low which is 329.70 .
BUY: buyers can wait till 300-303 or if its retrace further , you might seen the good correction up to 260 as well.
If you have other opinions, please share your comment below and like & follow for upcoming great analysis.
Safe Trading ;)
ITC
already reached at the supply zone and also touched the level of 1.131 (Bearish Shark Pattern) at price 338.30 in weekly TF. As per the previous candle closing with rejection, we might assume some profit booking here.
SELL : Short opportunity only arise if price breaks the previous week candle low which is 329.70 .
BUY: buyers can wait till 300-303 or if its retrace further , you might seen the good correction up to 260 as well.
If you have other opinions, please share your comment below and like & follow for upcoming great analysis.
Safe Trading ;)
