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manuagarwal21

ITC Rallied - What's next ??

Long
ITC LTD (NSE:ITC)  
manuagarwal21  
NSE:ITC   ITC LTD
Trend Analysis Support and Resistance Supply and Demand ITC itctrade itctrend itclong itcindia itcanalysis positional
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trendanalysis supportandresistance supplyanddemand itc itctrade itctrend itclong itcindia itcanalysis positional
ITC tumbled down from 262 levels to 222 levels.

It created support around 222 levels, tested it many times, and started rallying again.

Structure on the shorter timeframe is of higher highs and higher lows.

Today it rallied to around 245 levels, but couldn't sustain and closed around 239 levels.

Immediate support for the stock is around 237-238 levels, if it sustains these support levels, it will try to retest its previous highs again.
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