In ITC we can see a recent breakout in Weekly Chart with very good volume. An upside above 263 can take the stock around 280-285 in short term. For long term (6 months to 1 year) we can look at target around 310-320+.
A retrace if possible this week then one can accumulate around 250-245 as well.
Stop loss in the trade should be 230 below strictly.
Happy Trading!
A retrace if possible this week then one can accumulate around 250-245 as well.
Stop loss in the trade should be 230 below strictly.
Happy Trading!