As evident in the pic, ITC is probably forming an Inverse Head & Shoulder pattern on its Hourly Charts.
Break out is awaited. Once we witness a valid Breakout above the neckline, ITC will very likely move up by 15 - 18 points.
Trade attivo
ITC had given breakout above the neckline of the pattern, and a good move on the upside is likely on the cards. View shall be invalidated below 207 on closing basis.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.