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ITC Triangle Formation

 ITC is in major Consolidation mode since January.

From a high of 240, it went down to 143 in March and then up to 210 in July , now down to 166.It should ideally make another move to 180 to 190 if its indeed in triangle pattern. After that it should breakout either up or down depending on the stock movement at that time. Till then its in wait mode. 



 Let ITC decide whether it wants to go down or up


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