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ITC

ITC SHORTMY analysis of ITC INSTRUMENT: ITC : Futures and options TIMEFRAME: DAY VIEW TYPE: TECHNICAL PSAR: BEARISH STOCHASTICS: BEARISH TREND: BEARISH CMP: 186.35 SELL BELOW: 180.50 SL: 193 TARGET 01: 167 TARGET 02: 160 Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
NSE:ITCShort
by ajithchand-bhandaari
ITC USDT Still Sitting On Upwards TrendlineFor those that FOMOd in at the top, and have not bothered to zoom out a bit, things might look bleak for ITC, but ITC has not even fallen below the ITC USDT trend-line yet. normally this would be the time to buy. I see some similarities in the trend-line, and RSI patterns from earlier pumps. During this trendline. RSI is showing a bullish divergence from the price trendline. The massive increases in overall volume through this month make me think the trend will continue, at least until it stops, which it has not yet. Previous shorter term targets have already been met, however I feel we still have a long way to go. .518 .5737 .6220 .7694 .8631 1.3677 1.9734 3.2443 Previous all time high was $9.57 it is possible it might exceed this long term.
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by CatShark