ITC
ITC - BUY & HOLD - time to lead 🌟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 trade
Check these Upcoming ideas - STILL ACTIVE
Check these successful trades & approach on HINDZINC
If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together
Short ITCThis is a monthly chart ananlysis
I have various confirmations to short ITC...
1 . previous support may act as resistance
2. it is at 50% fibonacci line where it has given a long wick..showing more selling pressure
3. the move ending at 50% fib level is of same length of previous move .....
.
Lets see what happens this is just a view....
ITC at a crucial point yet againOne of the most talked-about stocks of the Indian markets, ITC, is at a crucial zone yet again. 200DMA + 200 psych level + support zone + RSI40.
It's retested this level 9 times but is forming lower highs. Will be interesting to see if we're able to see a bounce this coming week...
Marked as a 'Long' with a stop below 200DMA, roughly 4-5%.
Long in ITC for longer term with this small stopGo long in ITC. Long in ITC for longer term with this small stop as mentioned in Chart. You don't need any indicator for ITC.
Simply follow the chart and keep stop below 195 on daily closing basis only. If it doesn't close below that then expect 235/240/250/270 then 310/320/350. Just keeping less stop with bigger profit can give you good profit with good dividend.
This is only for long term investment or the target of 350.
PS: I am not a certified and SEBI registered analyst. All my postings are only for educational purpose. Please consult with your adviser before your take any investment decision.
Indicator used: Super trend in daily time frames and Support in Price actions.
#WHIRLPOOL CMP2351 #TARGET 2663 #FMCG #ITC #DABUR #HINDUNILVR DAILY CHART ANALYSIS
#WHIRLPOOL
NSE: WHIRLPOOL
Short Term Quick Profit
CMP 2351.20
Target 2663.70
SL : 2190
Timeframe < 60 Days
Can hold for longer time
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia