Free technical analysis on indian markets
please find the updates of Indian markets as of 6/28/2017.
NIFTY TARGET : 9380
STOP LOSS : 9590
TIME FRAME : 1 month
COMPANY :ITC Company operates through four segments: FMCG; Hotels; Paperboards, Paper and Packaging, and Agri Business.
1)Stock has reached 52 weeks high and is consolidating for a month
2)Stock has to break the resistance and close above it to move up
3)RSI has hit the 50 level and rising higher which is good sign to move up
Current Price: 308
STOP LOSS : 307
TIME FRAME :15 DAYS