Thursday, January 31, 2013

ITC 307 breakout

keep eyes on ITC 306-307 level...
stock has sharply bounced back from its support level (273) forming double bottom.
if 307 is broken n stock sustains above it for 2-3 days,then it is likely to touch 315, 325, 335... Average this stock if get the level of 293 (38.2% retracement level).
SL 287. first wait for the stock to breakout. CMP 305