ITC
ITCITC:- Rounding bottom pattern is formed, strong stock for short term, keep an eye
You can plan the trade as per your risk appetite now
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Nestle India Swing TradeNestle India is near crucial support zone on daily chart. It is good opportunity here for taking a Swing Trade.
Entry
We can go long after close of strong bullish candle near the support zone.
Target
Target 1: Will be the next resistance zone as marked on chart.
Target 2: After target 1 is achieved we can go for 2nd target as marked on chart.
Stoploss
We can keep stoploss below the support zone.
Please like and follow me.
intradayyou can buy on breakout or you can sell at resistance
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Hindustan Unilever Swing TradeHindustan Unilever is near support zone on daily chart .
Entry
We can go long after close of strong bullish candle near support zone .
Target
The Target will be the next resistance zone as marked on chart.
Stoploss
We can keep stoploss below the support zone .
Please like and follow me.
ITC We can Expect the Target upto 403: 5% upside movementITC, Breakout happened on the upper side, so as per cup and handle we can expect the target up to 403.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
ITC - All Time High BreakoutSo this chart of itc is in the weekly time frame, as you can see that, it has given a breakout of a trendline with a great volume of buyers.
And after a breakout, there were two green candles consecutive, with this it has broken its all-time high.
After the breakout of all time high, there was an opposite candle and then we got an inside bar so we got two entry triggers and we can see more of a good rally after the breakout of the red candle's high.
So our entry price will be 390 level and our stop loss will be low of the red candle and target you can expect big.
Note - I'm not sebi registered, this is only for educational purposes. Do your own analysis first.
intradayBoth side potential
take trade on box breakout
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intraday / consolidating in a RangeBoth side potential
wait for 15 min candle closing outside of box
Targets:- for upside use pivot points indicator
for downside 374 will be the target
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
ITC breaking long term resistance?ITC breaking long term resistance?
ITC on the the Monthly chart is at a long term resistance levels of 380?
Greenline from the chart is the long term resistance levels. Had broken once but didn't sustained in past.
If moves above decisively then will be in blue sky zone.
No recommendation, just my view.