NSE:ITC ITC has been sideways at the highs of life time and is showing negative signs of sharp down fall set up if it comes down and breaks the range support of 378/369, below 369we can seen a sharp fall to 350 step by step with only 1 pause/support zone n middle at 363/361. IF ITC BREAKS RANGE HIGHS/RESISTANCE OF 394 and gives closing and opens new candle...
ITC : multiple support at Trendline >> Rising from trendline >> Good strength in stock >> Delivery Percentage rising >> Volumes building up >> Perfect Swing trade candidate but it might test your patience. Happy Trading !!!
NSE:ITC Observations: 1) On 1hr time frame, we can see formation of triangle pattern. I have drawn resistance channel and support channel. Please refer below chart : 1hr time frame. 2) On 1 day time frame, we can see 265 will be crucial level. Please refer below chart : 1day time frame. ------------------------------------- Trade Setup for...
📈 ITC Ltd. 📉 My Findings :- 1. Breakout from Oct 2021 High and Closed with Strong Candle. 2. Although It’s Crowded trade but it came on my breakout radar so sharing it. 3. Risk to reward ratio is favourable. 4. Check Out My Long term Analysis too. Bias- Long Target- 307, 320, and 342 SL- 249 RR- 1: 4 All Important Supports and Resistances are drawn in...
Itc breakout in monthly timeframe. This is triangle pattern breakout, one can keep their stop loss @200 and target @360 so this trade is 1:2 risk reward . Volume is also good , rsi also giving buy signal same as 2017. This is only for educational purpose not a financial advice.
According to trend and trend line, ITC looks bullish on chart. Anyone can initiate buy above 229 with stop-loss of 219 for long term as well as intraday. Intraday stop-loss should be 225. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...
buy on dips for the target of 267 in short term we r moving in higher high pattern (UPTREND). 215-230 is buy range .
EXPLANATION : This is a 1 hour time frame chart of ITC . The stock has been consolidating for days in a descending channel and formed Falling Wedge pattern , If stock taking support from Demand zone we buy at the bottom and sell at the top. I am seeing a very good buying opportunity in ITC because of many reasons . If give a strong breakdown and broke its Demand...
EXPLANATION : This is a 1 hour time frame chart of ITC , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the...
ITC can have a good long run. Time duration may be around 2 months. Target and Stop loss are mentioned. Wait for a good volume to get the breakout. This is purely for educational purpose and I don't encourage anyone making this trade. NSE:ITC
ITC ready for a bounce after retesting is long-term support zone of 200. Fundamentally good stock haven't participated in this market rally till now. Stock on the verge of breakout of trendline. FMGC sector diversified business model. Trigger News ITC files Rs 100 cr defamation suit against portfolio manager Manu Rishi Gupta for blog post buying...
Tested crucial level. Be part of this investor dividend stock 📍 After crossover of MA 20 & MA200 upside breakout is expected. 📍 Reversal from bottom chord of rising channel 📍 Descending triangle formation Will take a good move from here. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking...
You can enter once the resistance is broken and hold it for the same height of the triangle pattern target. FYI : I am invested at current levels of 200.
- After a long fall ITC moves to fill the gap , if moves down wait for retest - Use pivot for small target - Target marked in chart
This is purely for investment purpose. I have assessed the ITC Ltd fundamentals, segment reports, past financial performance and expected future growth. Stay invested till you hit the target. Disclaimer: We are not Sebi registered investment advisors. This video is only meant for education purpose and nothing constitutes as an investment advice.
Things not looking good for ITC. Trade get triggered only below the support zone at 195-200.