Free Stock market / Nifty intraday tips

Fantastic real time TRIANGLE pattern on ITC

Fantastic real-time TRIANGLE pattern on ITC

This is NSE equity stock and all level are for equity.

This is a perfect example of Triangle and already completed 5 waves in it. Ready for a breakout. Suppose to breakout, you will get new direction with a spike.

How to detect the direction side of SPIKE(means big and surge move)…! The changing in volume will provide you single for direction move. I have plotted Average Vvolume when it breaks and crossover  2x or 3x in volume will lead you the direction of SPIKE.

Updated on 11th Sept. 2019

We already tested ITC future in profit. Now your food is going to cook. ITC is ready to break TRIANGLE with Spike.

Below call given to SUBSCRIBERS only.

Short sell ITC 245.7-246.4 and stoploss 247 and targets 243-1, if close below 243… then hold for 2-4 days for targets 238

 

Resulf of breakdown on ITC, we sold ITC in future and enjoying it

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Stock market certified investment advisor(s) for Moneymunch. They're a regular guest on popular online channels and writes for several newspapers and financial journals. Who has studied charts for over 20 years, and they have black magic of the share market.

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5 Comments

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