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ITC

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
NSE:CNXFMCGLong
by KaravaliTradingZone_Official
#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.
NSE:ITCLong
by linesandlevels
4
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!!
NSE:ITCLong
by ShubhamKatiyar
5
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
NSE:ITC
by Chintamoney
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.
NSE:ITCLong
by finogent
Itc shows Golden opportunityItc Giving opportunity which comes one in many years, how?... let's do analysis _ 1. EMA 20/50 crossover on monthly, simple but very effective way to enter in any stock for long term basis, last time it gave crossover when itc was at 15 rs(2003) , n gave exit (reverse crossover ) at 255rs(2020), now again on monthly it gave crossover, a perfect point to enter for long term regular investment or sip, any which ways. 2. Rsi 60 up on all time frame -D/W/M (super bullish). 3. A long _long consolidation phase of 9 years , it is moving in a range since 2013 , and now I observe it is shifting back to bigger channel(yellow), and very close to break its all time high, after that there is a open sky for itc to fly. 4. Above ema20/50/100/200 on D/W/M time frame. Conclusion- as per channel target I see itc in 4 figure in couple of years , a very reliable stock , can do sip, one time investment for years Note. If expecting short term wonder this may oy may not fulfill expectation but yes if your horizon is 3-5 years at least, can see wonderful results, I see 3x -5x return in this stock in long term.
NSE:ITCLong
by praveshk2
4