Trade –

Breakout (Entry) : 230
Stop : Below 218
TGT 1 : 255
TGT 2 : 280

ITC gave a wedge breakout after being in consolidation for days since hitting the high of 265. Will this move result in a new 52 week high ? Very likely it will as the breakout is suggesting which provides an excellent long entry with good risk reward setup.

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