jyotibansalanalysis

jyotibansalanalysis

NSE:ITC has had a recent de-merger which let to a price decline of more than 5% last week. However the stock was already in a retracement phase as seen on weekly timeframe and it went down all the way to 430 rupees which was the 71.8% retracement level. The current BB range is 400 to 500 which is a 20-25% volatility range in the 3 Standard Deviations. The...