Week of 25th May
ITC is now running wave 5 and it is progressing in a 5 wave channel or an ED with Wave A up and sub wave a down completed.
Now it is in sub wave b which should end around 355 if it is a channel move. Move to 367 or more increase chance of an ED. Deeper level from these levels possible.
So the next target ~355
Target achieved
Call closed.
10th March
Long Target.
No trade on short side available. Call stands annulled.
UPDATE
26th Feb
Target Achieved. Now we wait for a short trade in the target zone.
Click on the chart pl.
It may not reach the zone and start correcting from here so keep that in mind.
Twit during market
Headed for 321+
ITC is now running wave 5 and it is progressing in a 5 wave channel or an ED with Wave A up and sub wave a down completed.
Now it is in sub wave b which should end around 355 if it is a channel move. Move to 367 or more increase chance of an ED. Deeper level from these levels possible.
So the next target ~355
Hourly
Target achieved
Call closed.
10th March
Long Target.
No trade on short side available. Call stands annulled.
@ashjal714 Move below 326 is sell signal
— EWite (@Stocktechy) February 26, 2014
Looks like it wants to do328 RT @ashjal714: @Stocktechy Looks like ITC cab ne shorted at these levels. Your views please..
— EWite (@Stocktechy) February 26, 2014
UPDATE
26th Feb
Target Achieved. Now we wait for a short trade in the target zone.
Click on the chart pl.
It may not reach the zone and start correcting from here so keep that in mind.
Twit during market
Moved 2Rs short of target. TSL RT @Stocktechy: #ITC UPLOADED http://t.co/NVPGGAAsW6
— EWite (@Stocktechy) February 24, 2014
Headed for 321+
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