ITC LTDAggiornato ITC retraced from 50% of Fib Level
After a big move ITC has retraced and is bouncing back from 50% of fib level.
1) 460 acting as a resistance level from Aug.
2) This resistance level has been broken with flag and pole pattern or simple after consolidation and with high volume candle
ITC must take support from 460 and next target can be 480 and 500.
Keep it in your watchlist and act accordingly.
Comment down your queries and suggestions please.
ITC has retraced and is bouncing back from 50% of fib level.1) 460 acting as a resistance level from Aug.
2) This resistance level has been broken with flag and pole pattern or simple after consolidation and with high volume candle
ITC must take support from 460 and next target can be 480 and 500.Keep it in your watchlist and act accordingly.
Comment down your queries and suggestions please.
Trade chiuso: obiettivo raggiunto
1st target achieved and market reversed from level of 480
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