ITDC : +62% to 597% Upside Potential

27 Nov 2022

ITDC 27 Nov 2022
We witnessed a sharp rise in price which is supported by volume, exactly at the TL after a long period of consolidation.
In Play : HH-HL

Summary
• Sharp rise in Price
• Price rise supported by volume
• POC 404
• Resistance 466 (Pre SH)
• ATH at 747
Conclusion
• CMP - 404.55
• Test qty can be initiated on break of TL
• Add to the position on RT-TL
• Higher Targets could be around
o Short/Mid Term - 546-659
o Long Term – 1137-1693-2821(we will watch for supportive price action to confirm higher targets)

Wish You Happy & safe trading

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat