Trade ideas
Stock of the week ITC. 26/9/21Finally after a year long consolidation and unlimited meme ITC has given cup and handle breakout on weekly chart. The first target as per Fibonacci is 300. Volumes wise too the breakout is looking sustainable.
Target- 300
SL - 215 weekly
View - Short term.
Time - 6 to 8 months.
ITC Long | intraday long | Swing TradeFor Intraday Trade above 239 | SL-237 (see 15 min candle)
Tgt1-247.45
Tgt2-252
Tgt3-260.2
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For Swing Trade Long above 239 | SL-230 (For 2-3 months)
Tgt1-260
Tgt2-285
Tgt3-354 by 1st week of November
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Do Your Own Research on Company fundamentals to get a good idea and its future potential.
WHAT IS THE REASON BEHIND ITC GOT FIRE ???ITC is trading on cup and handle pattern after it retest the zone it slowly moved up when public knows that its trading on pattern it got fire and moved up... almost it gave its full target let wait for distribution...
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