ITC Chart Analysis for Long Term

16 בינו׳ 2021

Seeing Price action on daily basis ITC looking bullish to me. It has broken uppertrend line which was acting as a resistance shown in red colour and is taking support from another trend line shown in green colour which is acting as support. 195-200 was a resistance which was broken and retested, now this area gonna act as support shown in green zone. The price may shoot up to 240 or near that red zone, which gonna act as resistance.