Double bottom on daily chart

11 thg 12, 2022

charts seems to formed double bottom on daily chart.

Likely to breakout and could touch 370 in coming days.

Positive cues : growth in rural premium product(comment from managements) , Inflation has been soften and Holidays are upcoming so its positive for hotel business of ITC as well.

for Positional view :

Target : 346.9/350.35/354.80/368

SL : 336.5

Duration : 1-2 weeks.