As given on chart ITC very bullish above 240 (Channel breakout)
New trade
BUY above 240
CMP 234
SL 220 (all on closing basis)
T - 250/275/300++
240 big resistance so if price halts, be ready for more down side to lower channel levels.
If previous idea followed then EXIT position at cost price - 220 if channel break fails.
ADD more if 240 level breaks for more upside.
Comment you opinions
New trade
BUY above 240
CMP 234
SL 220 (all on closing basis)
T - 250/275/300++
240 big resistance so if price halts, be ready for more down side to lower channel levels.
If previous idea followed then EXIT position at cost price - 220 if channel break fails.
ADD more if 240 level breaks for more upside.
Comment you opinions
Komentarz:
Beautifully followed the channel range.
