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ITC Bearish

Short
ITC LTD (NSE:ITC)  
Forever_Noob  
NSE:ITC   ITC LTD
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
ITC looks bearish in short term. It has multiple confluences
1. Double top at 394 levels
2. Generally Fibonacci retracement of this stock has been observed till 0.382 levels, which are yet to appear.
3. Tight Downward channel.
Fresh shorts can be initiated here for target 366,360, 355, 325. SL 384
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