Will a correction happen in ITC at least now ?
ITC broke the trend line with high volumes.
*It has been in uptrend without a proper correction for uite a long time.
For Intraday can short ITC CMP:327 - 328 with a Stop loss of 332.
If the trade goes in our way Targets will be
*Exit half Quantity 1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
For Swing can short ITC CMP:327 - 328 with a Stop loss of 335 (Fib extension resistance area).
*It has been in uptrend without a proper correction for uite a long time.
For Intraday can short ITC CMP:327 - 328 with a Stop loss of 332.
If the trade goes in our way Targets will be
*Exit half Quantity 1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
For Swing can short ITC CMP:327 - 328 with a Stop loss of 335 (Fib extension resistance area).
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.