ITC LTDLong
Both eyes of the investors are keeping a close on ITC.
Looking at the Gravitating line(Red), you can how there is an active attraction from 1 to 8.
The Price is moving toward the support level(225) on a strong(tight) value area(Channel) where investor's eye is looking to buy this stock. The changing and crossing over the Average Volume should be best sign for creating a position (target 257 and 280).
The current market price is 237 - support at value low 225 = 12 points far from you.
There are two excesses found at the top (value high) of the channel.
The Price is moving toward the support level(225) on a strong(tight) value area(Channel) where investor's eye is looking to buy this stock. The changing and crossing over the Average Volume should be best sign for creating a position (target 257 and 280).
The current market price is 237 - support at value low 225 = 12 points far from you.
There are two excesses found at the top (value high) of the channel.
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