Expecting Long on support of "W" OR "Double Bottom" with RSI Div

30 Ara 2016

ITC, One of the biggest FMCG in India. Prices have form Bullish divergence and it is expected to trade higher atleast till 260-265 levels. Moreover, prices might also form "W" or "Double Bottom" pattern which indicated that prices are expected to trade higher till 260 or levels.

Disclouser: Trade at your own risk.