Trendline breakout

24 ott 2020

After a considerable downtrend, ITC has broken the trendline. I wouldn't enter the trade right away. I would wait for it to retest the new little trendline that I just drew.
Target: 180
SL: The new little trendline.

26 ott 2020

Nota

Tomorrow if ITC stays above 169 for 1st 15 min, then go long.

27 ott 2020

Nota

Trade not initiated yet. Bcoz price couldn't sustain above 169 on 27 OCT

10 nov 2020

Nota

Missed this bus. But one can still wait for a pullback as ITC looks bullish from here.