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Free technical analysis on indian markets

Hi Folks,

please find the updates of Indian markets as of 6/28/2017.

NIFTY  TARGET              : 9380

Direction: Shorting
STOP LOSS         : 9590
TIME FRAME    : 1 month

NIFTY

 

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

TARGET            :322

Current Price: 308
STOP LOSS       : 307
TIME FRAME   :15 DAYS

 

itc

 

 

 

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