- Read our last post on ITC here, called for a min move to 350, and good possibility of exceeding it.
- ITC has moved above 350 like a hot knife through butter, but how long will this rally continue?
- Well we do not get such potent "combination EW patterns" like "double flat" often, this pattern generally precedes strong rallies, and one such rally in ITC, may have just begun.
- We will get short term pauses from time to time, but the trend in this counter may remain up for a while.
Saturday, May 11, 2013
ITC - Elliott Wave Update
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Dean is a fulltime trader for last 13 years. He is passionate about technical analysis. His instruments of choice are Nifty and banknifty futures and options. His main analysis and trading tools include advanced techniques like Market Profile, Voilume Spread Analysis and Order FLow Analysis. Dean is a teacher at heart and loves sharing his learnings with committed traders. You can check out his courses here...
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