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Trade-Technique
Dec 28, 2019 5:15 AM

Both eyes of the investors are keeping a close on ITC. Long

ITC LTDNSE

Description

Looking at the Gravitating line(Red), you can how there is an active attraction from 1 to 8.

The Price is moving toward the support level(225) on a strong(tight) value area(Channel) where investor's eye is looking to buy this stock. The changing and crossing over the Average Volume should be best sign for creating a position (target 257 and 280).

The current market price is 237 - support at value low 225 = 12 points far from you.

There
are two excesses found at the top (value high) of the channel.
Comments
pulteqv61
1) How can you feel and know investors are eyeing on 225 level ? How many investors have you had chat with?

2) Just because you drew a good looking mechanical channel and some lines which looks convincing to eyes ?

3) And a further A->B->C move pattern prediction, based on what logic ?!

4)What if i say, 208-212 can be a level for accumulation, and instead of shooting up, can't it go in a sideways/consolidation phase for some time ?

Very curious to know, about your success rate of profitable trading..
vakertund
wait for result
BadriKondapalli
OOOOPS ,,, ITS HAMMMERING SCRIPT
bajarangkpr
I think your strategy will work perfectly as per my experience. Thanks for continuous efforts to identify such trades.
Aniketyourtechnicalanalyser
Again LOL the stock didn't go sa you told
ShreeKrishna
What happend to this analysis , Investors missed the buying ??
VIVEK_SHAH123
Mam, waiting for levels to average /buy this stock .Please advise
Rajendra_5
Waiting for the level to add more.
Trade-Technique
@RSDA, excellent.... yeah let me focus on this stock
Sandeepk31
perfect analysis. I was looking for 218.40 as the level for Buy And it came today. Its time to buy, dont care whatever anyone says.
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