ITC Technical based on FundamentalsThis is purely for investment purpose. I have assessed the ITC Ltd fundamentals, segment reports, past financial performance and expected future growth.
Stay invested till you hit the target.
Disclaimer: We are not Sebi registered investment advisors. This video is only meant for education purpose and nothing constitutes as an investment advice.
ITC
Nifty Weekly BreakoutIn continuation of my previous post, Nifty has given a breakout of the falling wedge pattern. Nifty should now give us a clear trend and move up in the coming weeks. A retest of the 14400 levels remains open but that would be a good opportunity to add to the longs. View - Buy every dip for ATH and beyond.
ITC Buy/Sell opportunityAfter rejecting the support of 200 thrice, ITC is ready for a breakout above 200 after completing the triangular trade zone. ITC has been a very slow moving stock and hence the targets are as per the Buy/Sell marks.
You can always do back testings on Day/Week/5min charts as per your experience and track the Bank results to have a stronger view before taking any trade.
This is just my personal study and analysis. Do not trade on the basis of just my study. Do your own research as well.
ITC: Target : Head and ShoulderWhat’s next? 1. 192 is support and point of control level 2. Head shoulder pattern gives a target of 160-165 which is next support after 192. 3. Wave truncation, wave 4 has reached to Wave 1 trajectory. 4. Break out of ascending diagonal channel 5. Volume dries up 6. Final qtr results on the way. **** short it below 190*****
ITC Near Crucial Level | 200 - 198The stock has already taken support multiple times in this zone and this zone does or die for ITC. Sustains in this zone would take this to the above levels marked on the chart.
If it fails to hold this then may test below levels.
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Happy Trading!
InvestPro India Team
ITC on Hourly Chart Major hurdle 212 ITC hourly chart
Going toward the major support of 200
volume squeezing slowly
can pulled back with volume support
Strict long term stop loss 200 on month close basis
Ang long start above 212
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
ITCDaily Chart View
on the verge of supply zone
Strong Pull back Candidate
Taking Support on 200 EMA
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
ITC here again at Daily Support. Go long on May FuturesIt is time again that we are hitting most of the checkboxes pretty much decently well. Nifty is showing signs of strength while trapping the innocent retails. FMCG and IT are my go sectors right now, and if I am talking about FMCG, I should mention NSE:ITC
The stock is at the daily support. The NIFTYFMCG index is around the trendline support too. When the markets are weak, FMCG is a safe sector. One can definitely long ITC for smaller to larger targets mentioned on the charts with the SLs mentioned on the charts too.
Be smart in your level selections. If you are going for 205.25 SL, make sure your Targets are reasonable too. Always trail SL to previous-2 target and go along for a target of 225, and then 240 in the short term.
1. Buy March Fut
2. SL as per your risk appetite. Best SL at 199.5, and Targets are 215 and 225 and 240 for me.
3. Don't fall into the trap of expected market fall. If you are an investor, stay away. If you are a trader, you shouldn't care about the news or sentiments. Take traders that have a great RR.
Disclaimer: I am not responsible for your profit/loss here and this is just for educational use only.