ITC Limited Technical View
Disclosure – Recommended to QuickGains Premium Plus and Newsletter Clients on Friday at 360.
-> A big triangle formation seen for last few months with multiple tops at 360.
-> Good amount of supports at 340-350.
-> The stock gave a breakout above 360 and the first resistance comes at 380.
-> A move above 380 can create much more momentum.
ITC is the highest weight in Nifty with a 1% move impacting 6 points on Nifty almost.
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