ITC FUTURESLong
ITC - Multi Timeframe analysis, Potential swing
ITC swing trade Analysis
Daily - Breakout from sloping trendline with good volume
Weekly - 3 weeks consolidation high broken
Monthly - RSI support at 60 indicating extreme bullishness in the long term chart
Trade Set up
Buy above 480
Stop loss at 465-470
Target 1 500-505
target 2 - New life time high
*Pro tip - With Nifty consolidating at 200 EMA, this becomes a high probability trade
Good luck, Happy trading!
Daily - Breakout from sloping trendline with good volume
Weekly - 3 weeks consolidation high broken
Monthly - RSI support at 60 indicating extreme bullishness in the long term chart
Trade Set up
Buy above 480
Stop loss at 465-470
Target 1 500-505
target 2 - New life time high
*Pro tip - With Nifty consolidating at 200 EMA, this becomes a high probability trade
Good luck, Happy trading!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.