One of the most talked-about stocks of the Indian markets, ITC, is at a crucial zone yet again. 200DMA + 200 psych level + support zone + RSI40.
It's retested this level 9 times but is forming lower highs. Will be interesting to see if we're able to see a bounce this coming week...
Marked as a 'Long' with a stop below 200DMA, roughly 4-5%.
It's retested this level 9 times but is forming lower highs. Will be interesting to see if we're able to see a bounce this coming week...
Marked as a 'Long' with a stop below 200DMA, roughly 4-5%.
