ITC LTD
Alış

Trendline breakout

Güncellendi
After a considerable downtrend, ITC has broken the trendline. I wouldn't enter the trade right away. I would wait for it to retest the new little trendline that I just drew.
Target: 180
SL: The new little trendline.
Not
Tomorrow if ITC stays above 169 for 1st 15 min, then go long.
Not
Trade not initiated yet. Bcoz price couldn't sustain above 169 on 27 OCT
Not
Missed this bus. But one can still wait for a pullback as ITC looks bullish from here.
breakoutMultiple Time Frame AnalysisTrend AnalysisTrend Linestrend_reversal

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