ITC bearish case study.
Rising channel formation with resistance line around 270 levels.
Bearish crab pattern formation with prz around 263-270.
Elliot wave formation with impulse phase maturity around 272 levels
RSI divergence between last two swing high ,,
Taking all to gather 263-272 stiff resistance zone,,
view gets violated above 277 levels.
Counter made entry in resistance zone
Not able to sustain and slips down,,
First target zones of 240-246 and below 240
Second targets levels of 218-221
Rising channel formation with resistance line around 270 levels.
Bearish crab pattern formation with prz around 263-270.
Elliot wave formation with impulse phase maturity around 272 levels
RSI divergence between last two swing high ,,
Taking all to gather 263-272 stiff resistance zone,,
view gets violated above 277 levels.
Counter made entry in resistance zone
Not able to sustain and slips down,,
First target zones of 240-246 and below 240
Second targets levels of 218-221
Trade attivo
ITC counter made high around 265 levels and now trading around 24320 points done
first target levels achieved
keep booking or now stoploss of recent high
Trade attivo
233 FROM 265What else do you want
captured perfect peak and reversal
power of harmonics
Trade chiuso: obiettivo raggiunto
222all targets done
let all keep shouting
technical keep its words in silence
booked total 40 points profit
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Declinazione di responsabilità
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.