ITC case study

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ITC bearish case study.
Rising channel formation with resistance line around 270 levels.
Bearish crab pattern formation with prz around 263-270.
Elliot wave formation with impulse phase maturity around 272 levels
RSI divergence between last two swing high ,,

Taking all to gather 263-272 stiff resistance zone,,
view gets violated above 277 levels.
Counter made entry in resistance zone
Not able to sustain and slips down,,
First target zones of 240-246 and below 240
Second targets levels of 218-221


Trade ativo
ITC counter made high around 265 levels and now trading around 243

20 points done
first target levels achieved

keep booking or now stoploss of recent high
Trade ativo
233 FROM 265

What else do you want

captured perfect peak and reversal

power of harmonics
Trade fechado: objetivo atingido
222

all targets done

let all keep shouting

technical keep its words in silence

booked total 40 points profit
BANKNIFTYHarmonic PatternsITCNIFTYrisingchannlersidivergenceTrend AnalysisWave Analysis

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