"Haven't I told you?" ITC Reversal

I repeatedly wrote 2 articles regarding ITC Ltd seeing a possible reversal. I gave an exact support when a guy  asked  me a query, on my Blog. The stock was in a corrective phase where I saw a bullish divergence and predicted well before it happened.

• My article on ITC where I told it will go into a corrective Phase(Date:20/12/2012): Click Here
• My article on ITC where I spotted a reversal (Date:8/1/2013):Click Here
• My article on  ITC standing on my support(Date:7/1/2012):Click Here

ITC- Reversal

Yesterday at this time I wrote an article on wave analysis and and other factors in ITC. The wave seen in ITC Ltd is a Zig-Zag corrective wave along with it we are seeing a bullish divergence in this stocks. The stock have shown a reversal know.

Conclusion: can go with a good stop loss, it have a target of 10%.

Strategy: see for down-trend line, if it break today. Then bullish  

See yesterdays article on ITC: Click here

ITC, How long to correct?

We have seen negative divergence due to which the stock have started its consolidation phase.