ITC
🚬 #itc #nifty #banknifty #niftybank #niftyfmcg #fmcgNSE:ITC
as today was result so be careful in this trade if find reversal or support from given PRZ levels then only long this stock. Learn Apply Grow
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
ITC - Swing TradeITC faced a strong rejection from the price level 223 due to multiple reasons:
20 Day EMA
Upper trendline of the broken channel
Fib golden pocket (between 0.618 & 0.786)
Possible long targets for swing trade:
Target 1 - 238
Target 2 - 245
FMCG SECTOR RANGEthe fmcg sector is trading in the range of 34000 and 35000 from many days...now it is approaching the support zone of 34000-34100. below 34000 more pain can be seen . however fresh bullishness is only above 35000
ITC - Update on Previous Long CallIf ITC closes below 231 it will form a bearish engulfing candle.
Then we can see a retracement and bounce back from 220 levels.
ITC's new target is 260 +Please check the levels marked in the chart and ask any doubts in the comment section NSE:ITC
ITC- LongITC is looking bullish in coming days. Level are available on charts.
Disclaimer- It's my own personal view and only for educational purpose.
ITC: BULL Vs BEAR ConditionKey level 240 . Above 240 structure will finally change to a bullish scenario. If rejected from 240 , it is more vulnerable to create a new low breaking the level of 135.
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.
