- This topic has 0 replies, 1 voice, and was last updated 7 years, 5 months ago by .
Viewing 1 post (of 1 total)
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.
feel free to call us +919500077790 info@eqsis.com
Tagged: ITC - DOUBLE TOP
The price movement of ITC experienced a double top during the months of August and September. The duration between those equivalent tops were almost 46 days and the volume was relatively high at the second top. So, short position can be created at the price level of the previous buying zone which is Rs.250. The stop loss is set at the level of the previous selling zone ( the second top ) which is located at Rs.260. The risk taken here is Rs.10 and so the target is set at ( 250 – 10 ) = Rs.240.
TRADE PLAN : ITC – DOUBLE TOP – ENTRY 250 – SL 260 TARGET 240
EQSIS, A Stock Market Research Firm
Knowledge is Power. Here you may start from basics, get support while practicing and evolve as active analyst, later you can become a pro