LTI - A small trade. Buy till 4700. SL 4375. Target: 5460
R:R ratio = 2.34
Plan positions accordingly. Might retest 4500 levels so safe traders can wait for a pullback.
More from Steve Nison
The channel formation is still unhindered. A beautiful price pattern at work in ITC. For investors, the best way is to add when the price comes near the lower boundary. https://t.co/2Nw9fLQPsm
ITC - how beautifully the price patterns work. All of a sudden an increased momentum right from the support of the channel boundary. Has a minor resistance to nail down in the middle.
— The_Chartist \U0001f4c8 (@charts_zone) March 18, 2022
Anyone observing it would have gone aggressive at lower end for a swing move pic.twitter.com/YqxkdFlJXQ