ITC a target of 1000+ in coming yearsThis trendline has stayed intact all these years and judging by it, if ITC manages to take 368 out, it's heading for the sky.!!! I would take it long for a few years and expect a target of more than 1000.
ITC
ITC nearing two year high... and bullishITC nearing two year high...
Today ITC closed at 259.45, very close to the 2 year high price of 266.3.
The stock price looks bullish and any movement beyond 266 will take it to 282 for the initial target. Based on further action, the stock has probability to reach 310 once it crosses 282 with good volume and momentum.
Stop loss at 246.
RSI on weekly chart is strong.
Also check my previous analysis on ITC:
ITC Continues the rallyITC continues to look good and strong in this market. I would not be surprised if the stock doubles in the next 1 year. I would suggest that one can go long without much worry here. Keep a stop loss but enjoy the rally.
Weekly chart analysis of ITC Stock is at important Supply Zone.
For Upside rally stock has to close above 323 level and it has a potential to reach 400+ in coming weeks.
Now, 265-275 Price range is very important demand zone. 250 will be the next major Support.
240 will be the ideal SL.
We will update once the breakout is confirmed.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ITC
ITC strong uptrend target price 314 316ITC strong buying trend in day chart...with hight delivery percentage last 5 trading. so next target 314, 320,328.Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you.
ITC chart analysis for swing trading ITC chart analysis for swing trading (15 min timeframe)
Entry & exits are given on chart.
only for learning, trade at your own risk.
ITC forms a symmetrical triangle patternThe stock is currently under consolidation and we can see a formation of symmetrical triangle pattern.
On the upside, 275 and 282 are important hurdles to cross before any significant upward momentum.
On the downside, I see strong support at 258.
Important to note that the stock has found support at or near the 50 day EMA at every downside.
FMCG sector weekly chart analysis with stock explanationRecently if we observe closely, FMCG Sector is outperforming & helping index to move higher and higher, where it contribute nearly 8% of Nifty 50.
In which ITC is having the highest weightage in the FMCG sector (nearly 30%) followed by HUL (24%), Nestle (7%) and Tata consumer (6%) respectively.
Adding to this VBL is outperforming like anything, compare to other stocks in this sector, VBL Chart was really great. which contribute 2.5% to the FMCG sector.
Britannia, Dabur, P&G & Colpal are the other important stocks in this sector.
Keep an eye on these stocks for the coming days.
As FMCG sector look very bullish & broke its 52 Weeks high and also 18 Oct 2021 weekly high in these recent weekly Chart. Which helped in forming double top pattern.
In coming days if the price closes above 42000 level comfortably , then we can expect further bullish movement which has a potential to reach 50000 range in upcoming days.
39000-40000 range must act as important support Level, if price is unable to sustain in the present level.
This is just overall view of FMCG sector. Not a recommendation to trade in any stocks, Do your own analysis before taking any trade.
NSE:CNXFMCG
NSE:ITC
NSE:HINDUNILVR
NSE:VBL
NSE:NESTLEIND
BSE:TATACONSUM
NSE:BRITANNIA
NSE:DABUR
NSE:PGHH
NSE:COLPAL
NSE:MARICO
ITC is at Life time high Resistance nowITC reaches at it's life time high resistance level, now will it face some resistance or profit booking here. Last time it falls up to 240 level in 2017.
ITC - MAJOR BREAKOUT EXPECTEDA daily time frame candle close above 265 may trigger a major breakout in the much awaited stock. Chart is self explanatory, drawn in log scale
#itc Trade setupNSE:ITC
Whoever holding this stock from lower level, then can keep stop loss at 238(closing basis)
whoever want to take trade they need to understand first current candle and that's DOJI if break low then it might take next support at 238 and if break high of current DOJI then it will activate this harmonic chart and long side target would be 299 on trailing basis.
ones ITC activate this pattern one can short ITC if find reversal.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns .
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
ITC fallI'm new to smart money concepts but if a selling is seen in next 1-2 months,I see ITC falling to 135.
What do you guys think?
I'm wrong ?
What's going in ITC lets find it out!! - Long term viewToday I have covered the big buzz stock i.e. ITC.
In this analysis I have covered ITC in weekly & monthly Time Frame & tried to explain the overall structure, till now, including the possible movement of ITC Long term & short term view .
I hope you guys do like the analysis, if you are facing any doubt then please drop me comment I will try to explain further.
If you want to give any suggestions then please allow me to improve. Do comment! Thanks!!
ITC above 240 closing for tp 295-300ITC bullish above 240 closing for tp 295-300 sl 198 on monthly cb
Disclaimer: only for educational and learning purposes kindly consult your fa before any investment
ITC LONG TRADE 28JUL2022 EXPIRYITC has been in the bull run for almost a month
So I have planned a safe long trade for just 6 trading sessions
28JUL2022 280PE - ₹ 0.4
28JUL2022 255PE - ₹ 0.1
Max Profit-1.20%
Margin required for 1 lot - ₹ 80234
ITC - VIEW sharing my ITC view - LONG position -
eyes on target 305-310
disclaimer - for study purpose only
ITC - Bowl Formation ITC : Imperial Tobacco Company
ITC - This stock needs no introduction to investors community on fundamental side and stressful community on traders side
Why this post ?
There was a decent Rounding Bowl Formation near completion on weekly charts which i thought of sharing with my Trading View community.
Some Analysis what i foresee going forward
I am of view that once the bowl formation is completed around in between 303-313 range this stock has very less potential to go in new territory for many weeks (this is my premature assumption as of now) :)
Chintamani :)
Disclaimer
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info
ITC LTD: Strong BuyNSE:ITC shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover
Target 2: 343.55
Target 1: 297.25
Stop Loss: 282.55
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
ITC CAN GO STRONGLY UPSIDE!As you can see ITC formed leading diagonal in a monthly chart and gives a breakout upside. ITC completed it's 1st and 2nd wave and it's now in 3rd wave of monthly chart. The first Target of ITC will be 387 and second Target 417. We can see a very strong upside movement in ITC.
Can we see some correction in ITC ?All the levels are marked on the chart.
*Even if the price hits the stoploss can plan for reentry if RSI goes into overbought levels near the supply zone and with confirmationof any reversal pattern.
Disclaimer: Only for educational purpose, not any kind of buy or sell suggestion.
Go Long in ITC 280 CE FOR JULY MONTH EXPIRYGo long in ITC 280 CE for JULY MONTH EXPIRY If it sustain 285 on Hourly chart.
Risk Reward Ratio is better in this TRADE SETUP.
Buy it only when it is sustain above 285 on 1 HOUR CHART WITH STRICT STOP LOSS
Target 2 achieved in ITC | 8.65% mover This idea is a follow-up to ITC
You can check the Link to Related Ideas
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
ITC | END OF RETRACEMENT | 1:1.6 TRADEDisclaimer: Pl take trades based on your own risk appetite. And always enter your SL first.
A long trade can be initiated, as follows.
___________________________________
Entry above 270.85
SL 262
Targets of 285.3
RR 1:1.6
