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ITC

ITC - joined rallying FMCG stocks. My followers and regular readers must have made some profits in HUL and Dabur India calls, that were shared during weekend. ITC is another stock from FMCG basket, that can move up going further. Buy near current prices for targets 247-252-259-266 over next few days. Keep a stop loss of 238/- Derivative traders may buy calls of strike 240, around Rs. 6, for targets of Rs. 9-12 keep a stop loss of Rs. 3.5/- or cut the position if spot rate goes below 238/ on a closing basis. Consider liking this post / idea, if you find it worth.
NSE:ITCLong
by ipuneet
This is perfect example of Triangle ITCFantastic real-time TRIANGLE pattern on ITC This is NSE equity stock and all level are for equity. This is a perfect example of Triangle and already completed 5 waves in it. Ready for a breakout . Suppose to breakout, you will get new direction with a spike. How to detect the direction side of SPIKE (means big and surge move)! Changing in volume will provide you hit for direction. I have plotted average volume when it break and crossover 2x or 3x in volume will guide the direction of SPIKE.
NSE:ITC
by Trade-Technique
4
Both eyes of the investors are keeping a close on ITC.Looking at the Gravitating li ne(Red), you can how there is an active attractio n from 1 to 8. The Price is moving toward the support level(225 ) on a strong(tight) value area(Channel) where investor's eye is looking to buy this stock. The changing and crossing over the Average Volume should be best sign for creating a position (target 257 and 280). The curr ent market price is 237 - support at value low 225 = 12 points far from you. There are two excesses found at the top (value high) of the channel.
NSE:ITCLong
by Trade-Technique
21