ITC
ITC Buy at highMentioned all the parameters on charts. I am bullish on ITC.there are many factors to analyse.
ITC - Parallel Channel - Swing TradeITC is trading in a parallel channel and almost tapped the upper trendline for the third time.
If a candle is closed above 222 level, taps & breaks the upper trendline, we can witness the bullish move with a possible TP at 237.
ITC - Bullish BreakoutNote: This is for educational purpose only. Please do not trade in F&O based on this.
There seems to be a bullish breakout with high volume. There seems to be similar breakout in RSI as well. Volumes have increased as well. RSI above 65 indicates bullish momentum.
You can buy 50% now and rest in dips until 221₹ - 219₹.
My SL is: 212₹
ITC trendline breakout!!!The much awaited breakout. ITC has broken out of it's trendline and also a crucial resistance with a huge volume spike. Will it sustain? We'll see. But most important ,Plan your trades according to your risk profile! Okay, Bye.
ITC shorting opportunity 4H timeframe or day chart,
shorting opportunity is here as i shorted around 221. this chart is creating Highs and Lows, you can see the trendline as well,
as heavy volume is there as well, The price would rise a bit, and then might fall, in upcoming days ITC could fall down to 203 roughly, 7-8%.
Let me know your views on Comments. One can go LONG when it comes around 203, For Swing/Long term-
ITC one year range BO, Go longITC is showing strength and it has braked one year range. Targets and SL are placed in chart.
Aggressive traders can enter now, and people who have patience can wait till break above 224.
DISCLAIMER: Trading Ideas are shared for learning and education Purpose Only. Please consult your financial advisors before investing/trading.
ITC a perfect buy at current levelsIn the daily chart, we can see that there is a clear reversal from the bottom of the channel. Take long positions for longer targets.
Buy ITCBuy ITC in betwwen 212-217 Stoploss 205 Target 235
Stock is now trading at retesting zone after Breakout...It may take support and bounce from given level
Swing Trade Idea #235 : Long on ITC This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
ITC long term view ( time frame 1W ) This is how ITC performed after the crash. In the channel pattern, it has taken 2 supports, 3 resistance.
After that did you observe bulls are aggressively buying near the upper trend line. the psychology behind this is in very soon there will be a huge breakout in ITC.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply good or bad just reply. Thanks for reading.
Disclaimer:- It's just for educational purposes.
ITC | BUY above 210, Target1 222
1. Bullish RSI Divergence at Daily & 15m timeframe.
2. Formation of ascending triangle, which is considered more towards bullish probability trend.
3. Formation of higher low at daily timeframe .
4. Price above EMA 200 on daily timeframe , its still bullish .
Swing Trade
Target1 - 222
Target2 - 234
Target3 - 244
SL1 - 205
SL2 - 200 (trend reversal)
ITC Potential Long Setup/Trendline setupsPlease refer the details on the chart itself.
Disclaimer: Documenting here for the study purpose only.
ITC Big move awaiting ITC stressing all technical analysts with its stubbornness to not move according to price actions. 213.55 and 208.55 are the main levels to watch for. Keep on radar.
ITC | Buy - RSI divergence + Ascending Triangle Formation NSE:ITC
1. Bullish RSI Divergence at Daily & 15m timeframe.
2. Formation of ascending triangle , which is considered more towards bullish probability trend.
3. Formation of higher low at daily timeframe.
4. Hourly candle took proper support on 22nd Jan during last 1.5hours at the resistance shown , respecting the long trend line.
5. Price above EMA 200 on daily timeframe, its still bullish.
Swing Trade
Target1 - 222
Target2 - 234
Target3 - 244
SL1 - 205
SL2 - 200 (trend reversal)
ITC Descriptive Chart for PA analysisThe Chart is Self Explanatory.
Rest Market Will Tell!
Note: Post only for education purposes.
