SumukhK

Accumulation Zone - ITC

NSE:ITC   ITC LTD
ITC is in a long term Accumulation zone of pricing from 180 - 142 levels, However one should consult their financial advisor before making any decision to buy or sell equities
Trade active: Stock has seen an active bounce from lows hits on 13th March i.e. 134.65
One can continue accumulating this gem
Trade active: Resiliance at levels of 143 to 155, if market recovers can see good bounce in ITC till 178-182 levels as first point to reach
Trade active: For suggested broader range i.e. 142 to 180 if someone have deployed their funds in right ratio from 180 till 140 for example 25% @ 180, 25% @167, 25% @152 around & 25% at 140 around - is now on avg profit of 10-12% - they can partially book 50% and stay long for higher levels for 2-3 years horizon till Rs 300-350/-
the booked 50% can be re-enter again around 142-155/- if the levels are reached again
Trade active: with buying strategy - this is becoming a potential multi-bagger - can continue investing in this counter
NOTE: one should consult their financial advisor before making any decision to buy or sell equities
Trade active: Trade active with entry at 142 and below since march 9th - One can book partial or full at 185-190 levels based on their appetite and trade strategy - can make re-entry again at 152, 145, 136 and below
NOTE: One should consult their financial advisor before making any decision to buy or sell equities