ITC Long opportunity

ITC

Stock - ITC
TimeFrame - Weekly

Hello all!

ITC has been facing stiff resistance from the Resistance Trendline since July 2017. It finally broke that trendline in 1st week of April.

The next Resistance zone lies between the price band of 280 - 290. Hence ITC will most likely retrace after hitting that resistance zone and that would be a good time to accumulate because the stop loss will be quite small and it would make for a good Reward to Risk ratio.

*NOT A CALL*