ITC - All Time High Breakout
So this chart of itc is in the weekly time frame, as you can see that, it has given a breakout of a trendline with a great volume of buyers.
And after a breakout, there were two green candles consecutive, with this it has broken its all-time high.
After the breakout of all time high, there was an opposite candle and then we got an inside bar so we got two entry triggers and we can see more of a good rally after the breakout of the red candle's high.
So our entry price will be 390 level and our stop loss will be low of the red candle and target you can expect big.
Note - I'm not sebi registered, this is only for educational purposes. Do your own analysis first.
And after a breakout, there were two green candles consecutive, with this it has broken its all-time high.
After the breakout of all time high, there was an opposite candle and then we got an inside bar so we got two entry triggers and we can see more of a good rally after the breakout of the red candle's high.
So our entry price will be 390 level and our stop loss will be low of the red candle and target you can expect big.
Note - I'm not sebi registered, this is only for educational purposes. Do your own analysis first.
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