ITC ENDED as top gainer today at 277 points. It was also top traded and delivered stock and its volume was 398% more than average volume. It shows the end of uptrend showing HANGING MAN’ pattern where the stronger hands are going to be bears in near future. It was also in news today where Govt sold shares of 2% of ITC and fetched around 6700 crore as a result of divestment strategy. It was trading 52 week high and touched high at Rs 290 per share.
ITC WITNESSES BEARISH REVERSAL SHOWING HANGING MAN PATTERN
