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ITC LTD
Viés de alta

Double bottom on daily chart

Por PriceWorksIndeed

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.

Double BottomDouble Top or Bottom
PriceWorksIndeed
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