IPO India Information (BSE / NSE)

Tuesday, January 8, 2013

ITC- Reversal

Yesterday at this time I wrote an article on wave analysis and and other factors in ITC. The wave seen in ITC Ltd is a Zig-Zag corrective wave along with it we are seeing a bullish divergence in this stocks. The stock have shown a reversal know.

Conclusion: can go with a good stop loss, it have a target of 10%.
Strategy: see for down-trend line, if it break today. Then bullish  
See yesterdays article on ITCClick here