Strategy on ITC - The Hindu BusinessLine : vimarsana.com

Strategy on ITC - The Hindu BusinessLine


Strategy on ITC
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Traders willing to take risk can consider going long with a stop-loss at ₹198 for a target of ₹210
The long-term outlook on ITC (₹201.5) will remain negative as long as it stays below ₹259. However, the short-term trend has turned positive. The scrip finds an immediate support at ₹198 and a crucial one at ₹174. A close below the latter will change the bullish view on the stock. If the stock manages to hold on to ₹198 level, it has the potential to touch ₹235 and even to the key resistance level of ₹259. We expect it to move in a narrow range with an upward bias.

Related Keywords

, Itc , F Ampo Strategy , Futures And Options , Outlook On Itc Stock , இரீட , எஃப் ஆம்போ மூலோபாயம் , எதிர்காலங்கள் மற்றும் விருப்பங்கள் , ஔட்‌லுக் ஆன் இரீட ஸ்டாக் ,

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