We missed 1st target by 3 points in my previous idea.
Comin to current structure, we can see it is still in bullish trend but stuck in 206 and 209.5 zone. If the market is positive we, ITC might take out 209.5 and move towards 217/220.
We have to watch out for the support marked in the chart. It has tapped twice and moved up, if it taps again then there is a possibility that it will break 206 and test the gap at 203.65 and fall further towards 200 and 193.
Regards
Comin to current structure, we can see it is still in bullish trend but stuck in 206 and 209.5 zone. If the market is positive we, ITC might take out 209.5 and move towards 217/220.
We have to watch out for the support marked in the chart. It has tapped twice and moved up, if it taps again then there is a possibility that it will break 206 and test the gap at 203.65 and fall further towards 200 and 193.
Regards
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