ITDC 27 Nov 2022 We witnessed a sharp rise in price which is supported by volume, exactly at the TL after a long period of consolidation. In Play : HH-HL
Summary • Sharp rise in Price • Price rise supported by volume • POC 404 • Resistance 466 (Pre SH) • ATH at 747 Conclusion • CMP - 404.55 • Test qty can be initiated on break of TL • Add to the position on RT-TL • Higher Targets could be around o Short/Mid Term - 546-659 o Long Term – 1137-1693-2821(we will watch for supportive price action to confirm higher targets)
Wish You Happy & safe trading
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