The 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. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
If you buy a stock multiple times at different supports and sell them at different resistances is known as Range bound trading. This type of trading makes trading easy. For now, ITC target is 218. It is currently at the support level so you can buy it
itc can be bough above 210 levels if it breaks the trendline for the target of 235 in 1 month
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...
Daily 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
Pattern breaking out from existing downtrend, currently in key support zone
It 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...
ITC can show a good momentum in near future. Dont miss to catch the opportunity, (for educational purpose only)
Hi guys, as visible in the chart. When ITC fell in Mar 2020 and later retraced to the 0.5 - 0.6 fib levels and after plotting a chart similar for the current levels we can see that the stock is hovering around the next 0.5-0.6 fib levels which makes it a high probability to shoot up in the near future and make another move of 37% anytime soon. Keep accumulating...
ITC is at the support level at weekly chart & a falling wedge in D chart is formed. Reversal in cnx fmcg can trigger impulsive moves in fmcg stocks CMP- 205 Achievable targets - 226/36 Sl can be breakdown of weekly trendline.
ITC weak structure sell below 200 Target 188
Short at 205 SL : 206 target : 203 R:R = 1:3 Stategy behind this trade : Opened gapdown breacking the sideways market range previouly it was performing !!!! Breackdown Short QTY = account size (Means how much you could buy this price stocks for delivery ) Happy Trading Guys !!!!! and Trade with your own risk management
At trendline support, ITC seems good R:R opportunity for short term. Keep it on radar.
itc chart analysis for intraday and swing trading
ITC is trading in a triangle pattern. There is a possibility of breakout in the coming trading sessions. It can be a positional trade for a target of 226.
Last week market was overall bullish and sellers had a full control over market. It is still seeming weak and will be in same condition in upcoming weak as per my analysis but as we know that market can change its direction any-time so we can not relay only on analysis. So in ITC chances are too high that market will open in downward side but there is a also...