ITC LTD
Long

ITC - AN EYE TEASER

541
ITC a perfect text book picture worth millions. The recent action post the 200 break kept above the mid of the upward sloping channel. True to its history of underperforming could not sustain the up move and slide towards the middle of the channel now acts as strong support. For those who love only longs and fear the shorts this is the place to place the bets. Long here and dips to 218 stops 212 for move to 250 and then 260. Shorts will smoke their money out.

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