ITC looks bearish in short term. It has multiple confluences
1. Double top at 394 levels
2. Generally Fibonacci retracement of this stock has been observed till 0.382 levels, which are yet to appear.
3. Tight Downward channel.
Fresh shorts can be initiated here for target 366,360, 355, 325. SL 384
1. Double top at 394 levels
2. Generally Fibonacci retracement of this stock has been observed till 0.382 levels, which are yet to appear.
3. Tight Downward channel.
Fresh shorts can be initiated here for target 366,360, 355, 325. SL 384