One can go for PE / CE once the buy above/sell level triggers...
Short below 184.30 to see lower levels of 181 and 180s
Long and short entries shown with targets.....
Long and short entry zones with targets shown....
A) 1, 3, 4, Reacts as a sign of Good up movement/ uptrend ( reverse of Rs.179.00 will be a good take off for the breakout of Rs. 199.00 and the target will be around 220 for shorterm) B)No. 2, 3a reacts as a continuous downtrend (if the above fails the price will react at Rs.170 then it will expected to go down or otherwise it will confirm the next...
Hello, everyone. Thanks for reading. You can buy, risk reward is good. Thanks for reading Dont foreget to leave a like if you liked my idea
Possible start and reversal levels are shown in different colors with support and resistance levels shown
ITC is in consolidation zone . .. with high uptrend possibility higher lows forming for risk takers buy above 203 ... ... buy only when rsi above 60 in hourly chart with small target if 210 .. safe traders buy only when red line becomes support for new trend cycle
Resistance @ 200 - Price + Fib + Trend line Support @ 190 - Previous swing resistance turned support. Probability - Might go sideways in the range , therefore i am waiting for a breakout/breakdown before initiating any trade.
Horizontal supports must sustain as of now, my target would be 218. I kept it far, a bit deliberately as the pattern looks good.
ITC break its importance resistance if it will hold 200 level we can see 250 level soon.
details are mentioned in chart. please do comment in case of any discrepancy.
Follow us on telegram for live updates t.me/tradeking9_11 Wait For levels tomorrow morning between 9:15 and 10:30. If it sustain above 195.25 then buy with target of 198.70 If it sustain below 188 then sell with target of 184.50.