Why his post is deleted. Has someone reported his post or there is option to delete ones own post.
Anyways if bullishbull posted this with reference to ITC post, some of my observations:
1) Presently the zone at which ITC is trading would be better to avoid./no trade zone. Before moving north or south it may grind on in the highlighted area to eat up stoplosses of both sides as has happened in the past.
2) In my chart I wanted to convey that ITC IS PURELY A WAIT & WATCH GAME FOR NOW.
I have also mentioned that the H&S pattern is not confirmed & cited the reasons for it.
My present knowledge in TA is only meagre, I expect history to repeat itself again & again unless proved otherwise. Only thing I can do with my present knowledge is remain cautious of risks before entering into a trade.
I AM VERY BAD IN PREDICTING!
So TP bhai has rightly said, if you have any other views, pl share with all.
Thanks