ITC Jan 10-15 Target 232

2020년 12월 30일

ITC has been underperforming in 2020 with all its peers shining so a bet on the ITC. With FMCG at an all-time high, this cant is at this price(I am not an expert fundamental analyst but it's just a feeling). Let's move into the technicals.
A very beautiful Cup or rounding bottom chart brings the ITC target to 232 in January and the monthly candles are creating a very nice double bottom pattern and a W recovery.


Close below 207 I will exit my trade for Jan 210 CE
I purchased it at 9.15 for a chart target of 232

2021년 1월 1일

노트

It's good to add more quantity and build on the existing position

2021년 1월 7일

노트

Wrong timing bad news. Exited my CE with loss and entered Future at 203 with a Hedge position of 197PE

2021년 1월 16일

노트

Booked profit but those who long hold it till 232

2021년 3월 7일

거래청산: 타겟 닿음