In ITC stock , i have marked entry point for both long and short as well as expected target point( exit early if you found and reversing price action) . In long position if stock close above 207.35 with volume you can go for long with SL of 206.40 and target expected of 209.40 . In short position if stock close below 204.35 with volume you can go for short with SL of 205.10 and expected target of 202.40 . If we get entry within a day , go for it , if you get entry after 2-3 days then this analysis does not work because price action will change .