ITC
ITC 1h time frameITC is moving in a downward triangle and has now formed a head and shoulder pattern. It might go back up due to the last session's retracement but should technically go down.
Is ITC making descending triangle pattern?? ITC given big move on Friday but not able to break trendline and sustain above 212.50 levels. If it faces rejection then there is possibility of descending triangle and it can fall below 200 levels. Also nifty is on make or break level so keep SL if positional view
Ignore if crosses above 215 then big move towards 240-250 expected.
Long Investors don't worry accumulate as much as possible around theses levels😊😊😊😊
#ITC 😂
ITC 1h time frameITC clearing making a descending triangle, should probably fall. Do wait for a confirmation before you enter and also if the market turns very bullish it may go north also.
Trade wisely...
ITC looks Bullish for PositionalCan Enter at current levels (204 - 206.5)
Positional Targets:
T1 at 210
T2 at 221
T3 at 230
Consider Accumulating more at support levels - 200.35 , 192.50
ITC_DONT MISSITC has again started upside momentum from its support zone. It has also given a breakout of the tredline.
This can give you a value trade opportunity.
(for educational purpose only)
ITC near to seller areaITC have a seller area from 213.10 to 215.95
In this are we can take short entry with stoploss 216.50 with daily close bases
And Target 1 is 209
Target 2 is 206
Long ITC with SL 200 , Target - 2401. ITC retraced at the 38.2% fibbonaci levels.
2. Looks good for 240
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.
11/11/2020 Research Report For ITCBuy @ CMP CURRENT MARKET PRICE
First Sell Target 209
Final Sell Target 229
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.
LONG TILL 240 IF BREAKS THE ZONELONG TILL 240 IF BREAKS THE ZONE IN DAILY TIME FRAME NOW AT CRUCIAL LEVEL.FIRST TARGET 220 ; SECOND TARGET 240.
PLEASE LET ME KNOW HOW GOOD IS THE ANALYSIS IN COMMENT BOX.
#Itc- the stock that has become a meme The chart is self explanatory and with all the details.
Go through the chart and then give a like and leave a comment even if you don't want to. JK.
Regards
ITC - Falling wedge on supportPrice forming falling wedge pattern and trading on the support to breakout.
ITCRight Time to Buy ITC. at level of 200.
The Stop Loss in 190. This is the Medium & long term view.
Best Setup to Buy in Long Term
Things not looking good for ITC.Things not looking good for ITC. Trade get triggered only below the support zone at 195-200.
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*****
