ITC LTD
Long

ITC - A CRYING BUY

298
ITC has been in the eye of storm by the investors for its inability to break the 200. Now that it broke, met the resistance and then fell near the 200, we complete action and reaction. The current phase is resolution. Ideally this calls for double the size of the positon, place the stop 198 aggressive, conservative 201.20 part 219 profit balance 230. Stay long.

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