ITC Limited (ITC) appears to be forming a Cup and Handle pattern. This bullish pattern suggests a potential upward breakout after a period of consolidation.
The target price is around ₹550, and a stop-loss can be placed below the handle at around ₹500.
Please note: This is a potential trade setup based on technical analysis. Always conduct your own due diligence and consider risk management before making any investment decisions.
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