Price Analysis & Overview: 1. Prices are holding support, most likely the base formation is complete. 2. EMA support taken 3. It should break the trendline with strength to continue the momentum. 4. Minimum 50% upside move pending. 5. Worst case it might restest 367 breakout level. 6. A must-have defensive (FMCG sector) stock in core pf. Monthly view: - Stay...
Date : 18-Jul-2024 LTP : Rs. 470.25 Targets: (1) Rs. 481 --> (2) Rs. 499 --> (3) Rs. 532 SL : Rs. 433 on daily close basis Technical View: • NSE:ITC was going through primary downtrend since Jul-2023. • After touching the high of 481.45 on 4-Jan-2024, it has retraced 17% to 399.4 level and it has retraced 20% since Jul-2023. • On 15-Jul-2024, NSE:ITC ...
"ITC" is showing higher-highs in it's monthly chart which shows that the stock is in perfect "Uptrend'. It is getting ready for another rally and the next uptrend will continue above 510 (Let a daily candle close above the Entry point). Keep stop loss at the latest swing low in hourly chart. Target is calculated using ABCD Pattern of Harmonics, which is almost 17%...
Once share break the green line and it gives positive signal to enter for long term target 500 but 392 is near support too. If by chance it breaks then near term short position will be chosen. My 1st Target is 427 2nd Target is 450 Since volume is increasing day to day and it is near to support and moreover, reason for downward is BAT going to reduce its stake. I...
A Flag pattern breakout in ITC!! The mamoth is ready for more upside, it has the possibility to almost double from here!! Pole height : 300 points Breakout point : 455 Price where it can reach due to the pattern breakout : 754 Return Expected : 65-70% Strong Volumes as well !!
A Flag pattern breakout in ITC!! The mamoth is ready for more upside, it has the possibility to almost double from here!! Pole height : 300 points Breakout point : 455 Price where it can reach due to the pattern breakout : 754 Return Expected : 65-70% Strong Volumes as well !!
ITC looks bullish, can see W pattern (not strong one but it is aligned with trendline), can enter at 466 with SL at around 388 for the targets of 548 then 630. --> do not invest more than 5 to 10% of your capital, do your own analysis before investing/trading so you can have confidence to stay in trade till targets. This analysis is for only Educational purpose.
Downtrending Channel Breakout Cuurently at daily resistance Expecting a short pull back till 440-45 areas Before heading out for ATH Strong support area is only near 400 Expecting 550-600 soon
Current Scenario: • ITC is currently trading at ₹429.05, showing signs of consolidation. • The stock has tested the support level twice (T1 and T2), indicating strong support around ₹402.90. Key Levels: • Entry Point: ₹416.25 • Stop Loss: ₹402.90 • Target Levels: • Target 01: ₹437.90 • Target 02: ₹444.70 Analysis: • The stock is forming a pattern...
According to me if ITC breaks the Level of 445Rs in the upcoming days and closes the 2 bullish candles above the 445Rs price zone. So, the next 1st Target is 480Rs and the 2nd Tagart Level is 500Rs. Why? I'm Telling this!! > Because BJP is won. > The financial budget is coming soon. and I am pretty sure financial minister talking about ITC. > After the 4...
Nifty showed correction for the 5th straight session, This is also the longest losing streak in last 7 months After Gap down opening, it remained in negative trend throughout the session A Bearish candle is formed on daily chart The imp upside hurdle is placed around 22630 level whereas downside support is around 22350 zone Track for price to form Price...
In last few days and weeks we are seeing market rewarding companies with good results and gap down or sell in companies coming up results not matching expected results and punishing if negative results or with lower guidance. Not sure what is the guidance but Q4 results are lower as per data in leading news channels. More over in chart as well price is ready for...
ITC: When Noone seems to be Interested and all Negatives Around, Time Cycle Points towards a Rise from the Ashes. 🔥🔥🔥 BUY at cmp SL weekly closing below 380 Upside: 450/500+ Horizon: 3M
Last year's hero has been underperforming this year but now seems to be getting back in the run up.
NSE:LTTS This Guy Falls Almost 16.3% in Last 20 - Days Now at Support Zone ( Previous Resistance acts as Support Now ) Wait For Weekly Closing and Enter any Reversal confirmation.
NSE:ASTRAL This Break the 1 Year Consolidation Zone Wait For Weekly Closing How Weekly Candle Closing
NSE:ITC Watch-out these Guys at Support we can Expect Up-move add to your Watchlist