ITC LONG IDEA [ VSA + VOLUME PROFILE]ITC forming bullish deceleration pattern
Volume Profile PoC - 195.2
Buying Zone - (196-199)
SL - 191
ITC
ITCITC currently is looking good for long swing trade .. It gave a impulsive move from 165 to 218 and thereafter went into consolidation ... The BO zone is 216 to 218 .. One can also see some expansion in volumes .. Today, ITC closed just at the Gann resistance angle .. Tomorrow, if ITC opens above today's closing, expect it to take support of the Gann angle and move ahead for a BO .. If ITC gives a BO above 218 with good volumes, the target would be 260, where ITC would encounter the next Gann angle as resistance.
Note - Views are personal and meant for educational purpose only. Consult your financial advisor before trading equities.
ITC LTD (small range, small profit, for small time)NSE:ITC
ITC riding inside wedge pattern, risk takers only trade with your position sizing.
For better entry watch it at lower tf as 5min or 15min.
Buy ITCBuy ITC if it is trading above 206 level stoploss 202.Target 212
Study: Ascending Triangle Pattern
ITC Long Term Entry Levelswe can buy ITC at current level, if market goes down buy more. and hold to the level of 265.
ITC IntradayA big downwards momentum from 215 levels, buyers came and a small pullback from exact same levels. It's again at the exact same levels. If breaks 215 levels on 15min charts, it can be traded for a targets of 216.6, 218, 220.
ITC - Descending triangle pattern at monthly time frame - LongITC LTD - Descending triangle pattern formation at monthly time frame - Long
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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
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⭕ 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 !
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✍COMMENT Below your view !
Analysis (2) 👇👇---------Trendline Breakout ----------👇👇
itcitc
stock after long consolidation
now both as investing and trading front 'ready to SURPRIZE BIGGGG
for trading with 193 sl
possible 263 target
while as investor ,
150 sl for 576.30 target in coming 3.5 year frame
while 985 in 7/10 year frame ie 3 time from cmp possible in 2027-2030 in ITC
BUT IT WONT BE a straight journey
ups and downs shall come
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.
