Date : 11-Oct-2023 Rating : Buy LTP : Rs. 448.25 Target: (1) Rs. 455, --> (2) Rs. 480, --> (3) Rs. 500 SL : Rs. 433 Exit Plan : Follow the 7D/13D EMA cross down on closing basis. NSE:ITC has given double break outs. From its current short term down trend and from double bottom pattern. Have closed above 20D MA. EMA, MACD and RSI giving bullish sign with...
List of stocks in Nifty FMCG Britannia Industries Ltd Colgate Palmolive Ltd Dabur India Ltd Emami Ltd Godrej Consumer Products Ltd Hindustan Unilever Ltd Itc Ltd Jubilant Foodworks Ltd Marico Ltd Nestle India Ltd Procter Gamble Health Ltd Tata Consumer Products Ltd United Breweries Ltd United Spirits Ltd Varun Beverages Ltd Disclaimer: This analysis is for...
With compression and No Overlap only need is Daily Momentum to activate #ITC
Over last few weeks, there had been too many posts on SM which were shared about some of the large cap names which have provided zero return over last "x" many months. That intrigued me to understand the concept of timewise correction. The composite chart of major large cap of Nifty or as they say HRITIK (+few others) stocks suggest that they have gone through...
Stock name: Mazdock ship and current market price is 2114.6 This stock has broken out of symmetrical triangle and 2 months high resistance taking support from 50 EMA. Current view is bullish with expected swing trading target around 10-12% and is very decent target for swing trading. Sharing new stocks analysis for swing trading which I feel as per my analysis,...
ITC breaking long term #resistance with huge volume trading above 20 ema educational idea only
Namaste! I have been tracking ITC for quite some time. Now, I see an upcoming bearish momentum in the coming weeks. Q: Why am I saying this? A: Well, all time high of ITC was Rs 367.70. It broke it's multiyear lows (of Rs 178.65) on 09 March 2020. So, it can be a long term pattern of "lower lows and lower highs". This price can be the next lower highs. Profit...
1. ITC can breakout from current range. 2. Higher Lows indicating a buying pressure. 3. Shrinking "price-range" is indication of momentum. 4. We can expect two targets of 226 and 237. 5. Upcoming result looks matter of caution. 6. SL and Entry will be decided afterwards. Disclaimer: The views expressed in this article is of my own, you're solely responsible for...
Buy price : Above Rs 209.50 SL : Rs 204.45 Target : 226-27 1 to 2 month view
Trading and investing are completely different in nature. In trading, we don't care about the prices whether it's fair or not. We buy high and sell even higher. But in investing, we should only buy a stock near its intrinsic value. No matter if everyone is making money except us. But, price which is justified by fundamentals are sustainable and proved...
NSE:ITC Stock buy above 450 rupees. Target 1 is 465 to 475 rupees, Target 2 is 480 to 485 rupees, Target 3 is 490 to 495 rupees, stoploss below 430 rupees.
Nifty Weekly Expiry Analysis Nifty fell a whopping 765pts ~ 3.90% between the last expiry and today. Most importantly it has retraced all its gains from 28th June to close below 18880. We will cover why that is relevant below, but this fall of 4% signals a reversal in trend. Even though VIX is still below 12%, it is showing a tendency to spike, reassuring the...
#ITC #stockstowatch #TradingView #Trending Itc at crictical zone - CMP at Weekly uptrend line, If the break out given, It will fall upto 370-360 levels, If breaks current downline on upside it will go upto ATH.
Gift Nifty form H&S pattern on daily chart. If global tension increase, it may test 18532 and 18132 soon. Neckline of H&S pattern is 19370.
ITC sinks 3% after Q2 results in sharpest single-day decline in 12 weeks The festive season, increase in rural wages, and government spending on infrastructure are expected to propel rural demand ahead Shares of ITC slipped 3 per cent to Rs 437.80 on the BSE in Friday’s intra-day trade on reporting a lower-than-expected rise in consolidated net profit for the...
After huge return in short term people are looking forward to know the next move... ITC is going to announce its Q2 numbers today.... So here, is the chart of ITC if it break and close above the resistance line, there is upside move possible or if it breaks the trendline and close below it then we can see the a temporary downside....
In this video, I have provided my view on ITC for swing trading as well as long term investing. Watch the video for more details.