ITC INTRADAY ANALYSIS

ITC has given a huge up move for a long time and a significant retracement is still pending. On top a bearish candlestick formation can be seen which is known as the" evening star ". The final candle that gave a strong bearish close pushed the prices to a support level of Rs 330.20/- . A bearish momentum can be expected if prices give a close blow Rs 330.20 in 5 or 15 minutes chart.