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ITC

ITC | Triple Bottom Breakout | Detailed Analysis here !!🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕ --Buy above =210.45 or CMP --Target = 235 | 257 --Stop-loss = 196 --Lot Size = 3200 --R:R = 3.27 --Expected Profit = 1.50,000 ₹ per lot ( 22.43% ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade or Strategy applied :- ⭕ 1) ITC has given the Big Breakout of Triple bottom pattern 2) Retracement is done with big rejection in downsides at support 3) Target is based on the height of the pattern 4) Volume is also good as well as fundamentals Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view ! Analysis (2) 👇👇---------Trendline Breakout ----------👇👇
NSE:ITCLong
by ReviveTraders
19
ITC - Still looks bearish in 1d,1w & 1month chartITC chart still looks in bearish mode..buying will not be a good idea. It will test the support levels at 159 & around 140-136. Previously, it had bounced upside from 159 level on 12th May (1d chart) it will most probably test that level before going upside. If it moves further down below 159 level then it will test support range of 140-135. Till then keep an observation.. Also, once it breaks 20 EMA upside, one can think of buying as it moved upward on 20th May (1D chart) but it will face resistance at 50 ema and 200 ema above like it faced on 20th April at 50 ema & 200 ema on 3rd July & 11th Aug. On a safer side for a long term, it would be better to wait till it breaks 200 ema and buying above 206. *This view is based on my technical analysis and is for educational purpose only. Please feel free to discuss if I'm wrong somewhere.
NSE:ITCShort
by netzsavvy
6
#ITC- Let's talk about the entry.Do you remember we tried to label Elliot waves? If not, then look at the previous idea, will attach the link below. I have always emphasized on entry, if your entry is great, even if your analysis is wrong it will not damage your capital much. And if your entry is horrible, then......... ;) Talking about ITC, it is moving in a channel or bullish flag in smaller timeframes, breakout from the flag might open the doors for the mentioned target in the previous chart. But but, if it doesn't break, then it can penetrate deep in the support around 207 levels. I might look for that level to go long if falls in my setup. There is heavy chance that it might take support around 207 as if breaks that support then it can fall deeper towards 196 as other support might not be much more reliable. Regards
NSE:ITC
by yogi_sharma_elliottician
11
ITC | round Top formation | Short Setup 🎯===================================================== ⭕ Day Trading opportunity ! 15 min Chart Alert !!! ⭕ Although RETRACEMENT IS PENDING !!!!!! --sell below =213.45 or CMP --Target = 208 --Stop-loss = 215 --Lot Size = 3200 --R:R = 2.48 --Expected Profit = 17,000 ₹ per lot (2.55 % ) --Expected Holding = 1 day only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade OR Strategy applied :- ⭕ 1) ITC has formed the round top setup 2) Volume is more than sufficient i.e bearish candlestick pattern 3) time correction is done ...now price is correcting 4) Resistance break ====================================================== Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:ITCShort
by ReviveTraders
7