ITC looks bullish for Intraday and short term.ITC looks bullish for the Intraday.
Target - 187
CMP - 183.95
Stop Loss - 182
It is a good time to invest in ITC for the short term.
Buy in the range - 182 - 185
Target - 208, 234
ITC
ITC Strategy for BuyingWait for channel breakout on upper side if it breaks out take buy(long) trade with target price of 207-208 .
It will move very slowly because of large market cap. Fundamentally ITC is very strong with big chunk of cash on balance sheet. Dividend yield is also good around 5% so if you want you can hold for long term as well.
BULLISH DIVERGENCE POSITIVE FOR ITC BULLISH DIVERGENCE ALONG WITH BULLISH HARAMI CANDLE PATTERN ON DAILY CHART
FUNDAMENTALLY STRONG COMPANY BUY HERE FOR LONG TERM GROWTH ALONG WITH NEAR POSITIONAL TARGETS UP TO 195-200
THIS STOCK NEED TOO MUCH PATIENT
ITC LONGITC in a triangle pattern, breakout on either side will give a good momentum, My view is on upside momentum.
ITC SEEMS GOOD BUY ABOVE 190ITC has bounced exponencially from its support 180. Some big players may be absorbing all selling pressure. Keep watch at this counter.Good to go long above 190
ITC- a preparatory fall is coming soonKeep stop loss of 210 on closing basis and short the stock ITC for a target range of 180 & 160.
ITC in a downtrendITC following a downtrend can have chances to hit 182, IF it breaks the trend line has high chances to go long.
ITC Weak On daily Short Setup ITC looking for sell on rise as long as doesnt go above 194
Targets 181
Cheers !
Buy ITC Above 195 Sell Below 184.5 ITC can buy only above 195 for target 207-210
and sell below 184.5 for target 180-178
Bought ITC -------- now at perfect major support zone i was BANNED for violating house rule so i am republishing again without any alteration
Bought @ 198.30
1st Target @ 222.20
2nd Target @ 235.35
LIKE if works & Follow
ITC is a good volatality in this month of sep 2020ITC is high volatality in this month.
ITC Upside Tgt is 202 & 207
Downside Tgt is 178 & 174
ITC Looking good to BUY at these levels. ITC looks attractive to buy at these levels for a target above 200,
ITC - why not moving ?whats way ahead ? This is for educational purpose , Add it to your watchlist .
Don't go long for now , wait and accumulate more once it reaches 186 levels .
On the other side if it cross above 204 then definitely go long
ITC Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
#ITC #FMCG #NIFTY #BANKNIFTY #INDIA #TRADING #INVEST #COVID19 #ATargets as marked
SL below 195
Final target 234
Add ITC at every support levelAdd small small qty at every support level.
Keep booking partial profit at test levels
Strong demand zone is at 187 level
MAKE OR BREAK for ITCITC is holding up quite firm. Stock was in uptrend all the way till August.
However rally has been seeing exhaustion and stock is consolidating in a narrow range between 50 and 200 EMA.
Consolidation usually leads to big moves. Directions though are not specified.
50 EMA is strong support whereas 200 EMA is strong resistance.
Stock is respecting the trend line as of now. Wait out for a signal to initiate a buy or short sell.
NOTE:- Do your own analysis before taking any bets. This is my personal opinion.
ITC-Bullish butterfly ITC is forming XABCD bullish butterfly pattern! Go long after bouncing from PRZ zone(green rectangle) achieve for targets marked(red thick lines)
Trade with SL and trail the profit!!
Happy trading!!
