AbhishekHSinghCMT

ITC - Careful Below 209.40 (Wave Analysis)

Short
NSE:ITC   ITC LTD
Note- View shall be valid only below key level- 209. 40

Expecting a fall below 209. 40 for 164. Shall review later once we get more price updates moving forward.

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Last Idea on ITC (Fall Below 209. 40 to 165)- Count Seven & Go to Heaven
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Trade closed manually: 15:15 Hrs / 7th Jan2021

Last - 202.80

195 is next most --------------important level

Next Selling only below 195 - short term support at 202- key level so retest is possible upside close to 209.50 & crossing above 216 /217 -

Stock may move to new highs

Consider Next Selling only below 195 later. Thanks
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

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Comments

if ITC touch 205, very bullish trend expected so go for buy for next immediate level...
Reply
Fantastic call. Patience pays. Thanks a lot!
Reply
THANK YOU FOR YOUR UPDATE SIR
Reply
202.50 arrived ...Sir
Reply
@Hulk703, Unfortunately, not available for market updates. Have put small update & idea closed manually. There is small / minor support at 202 - upside move can be expected & further selling has to be done only below 195. Please check above update. Thanks
+2 Reply
Hulk703 AbhishekHSinghCMT
@AbhishekHSinghCMT, thanks sir ..appreciate your kind update ,.
Reply
Hulk703 AbhishekHSinghCMT
@AbhishekHSinghCMT, Perfect .. SIR.. ITC took support near 202 as you said moved up.. Thanks for the update
Reply
I think there is strong resistance on 215 level because of ce writers
Reply
Ok. Thank you sir.
Reply
how about long term investment in itc because the company is fundamentally strong
Reply
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