ITC - BAD NEWS >> BUY

Jan 1

I always believe BAD news in GOOD stocks is Opportunity to BUY Not to SELL

ITC
CMP 366
Buy on Dips till 345
SL CLB only ₹10 = 335

Expected target 400 / 440

Lets understand :

Heavy taxes often end up benefiting companies rather than hurting them.

Products ke prices badha diye jaate hain, and ultimately the tax burden gets passed on to the consumer.
For example, if the tax impact is 1, companies usually recover around 1.25 to 1.40 through price hikes.

In the end, taxes are rarely absorbed by companies.
They are passed on to the end consumer.


Maintain Strict TSL & SL

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Naresh G
SEBI Registered Research Analyst

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Jan 2

Note

current low 345.25

Jan 2

Note

Low still the same 345.25

Given buy on dip level ??? SAME ☺ Bang on Match

Jan 5

Note

Low 346.05

Jan 6

Note

Again LOW 346.10 🤞

Jan 7

Note

Fresh Low
339.30

SL is 335 CLB

Jan 18

Note

SL hit

LTP 330
still a good deal
Can enter with Fresh & Final SL CLB @ 299

Jan 29

Note

CMP 318

add on Dips

Jan 30

Note

Low 316.45
ENOUGH 😂
Now time ⌚ for a u turn !!!

Feb 6

Note

326

Feb 18

Note

331 turtle is moving

Mar 18

Note

After hitting 334.5,our initial SL zone is now acting as a strong supply area

Expecting a move back towards the 300–305 range
until structure stabilizes again

Setup remains unchanged:
Buy Low – Sell High

Levels:
• 300–305 → Buy Zone
• 330–335 → Sell Zone

Stay patient and trade the range until a clear breakout confirms the next move