ITC Limited
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ITC | SHORT | SWING

243
If ITC closes today with an O=H type pure Bearish candle, then short position can be initiated for Jan/Feb series for a Target to 415 price levels.
As you can see, price has rejected the key moving averages and is constantly forming lower lows which is a sign of weakness.
The trade suggested here is based on the Daily candles and hence risk is to be factored in accordingly.

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