ITC case study

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

Trade attivo:

ITC counter made high around 265 levels and now trading around 243

20 points done
first target levels achieved

keep booking or now stoploss of recent high

Trade attivo:

233 FROM 265

What else do you want

captured perfect peak and reversal

power of harmonics

Trade chiuso: obiettivo raggiunto:

222

all targets done

let all keep shouting

technical keep its words in silence

booked total 40 points profit