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Anshulamrit

Bearish on ITC

Short
ITC LTD (NSE:ITC)  
Anshulamrit  
NSE:ITC   ITC LTD
Trend Analysis Technical Indicators Chart Patterns breakdowntrading breakdown
2
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trendanalysis indicator chartpattern breakdowntrading breakdown
There is a semicircle breakdown in ITC which reflects there will be further downfall in ITC. Stock is Trading below 50, 20 and even 10 days moving average which shows stock is in down trend. Lower Risk deviation of Bollinger bands stock is falling at rapid pace. I would suggest to short ITC
Sell- 206 Stoploss- 218 Target- 202.65, 197.95, 189.80 Time frame 1-2 weeks
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