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ITC --INTRADAY SETUP- 27/04/2022

ITC --INTRADAY SETUP --15 MIN CHART

1. CUP & HANDLE formation breakout above 259 level cmp 258.95 Trend look bullish at breakout.

2. Trendline breakout also seen on 15 min chart

3. stock currently trading at upper channel low level possibly bounce to upper level as per channel

4. wave trend setup bullish formation to move upside

5. RSI at mid range 55 level


BUY ITC above 259 intraday

target 261-265

stop loss 255

&& THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk !

HAPPY TRADING. !!

הערה
INTRADAY Support 257
Resistance 261.50, 263
הערה
buy only above 259.. level . 9.25 am -- 27/04/2022
הערה
buy level not trigger .. at 259. !
NO TRADE IF 5 min candle does not close above 259 .!
הערה
look like nifty trend is negative today hence BUY level not trigger FOR ITC till now at 259 . Intraday closed . no trade will be initiated. !!
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