ITC impress energy limited
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trading range

  1. monark
    7,877 Posts.
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    11/11/09
    09:41
    Post #: 5897576
    Nice trading range between 5.0 c and 6.4 c established. Based on TA the next resistance level , once 6.4cents is broken would be 9.25 cents - this is based as the rise from a low of 2.25 cents to the bottom of the consolidation range of 5.0cents (difference of 2.75cents) added to the top of the consolidation range of 6.4cents (say 6.5 cents).

    Looks like it will take some time (perhaps by end of year) to break the current range and anticiapted news flow..
    ITC Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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