ITC give bearish signal on Monthly time frame. RSI negative.
Most likely its bullish, first target 253, if close above 256 then 10 more points can easily be achievable in short term. Hit like if you like, I did not like weekly RSI breakdown which is first time on 20 year it broke the support and now trying to recover
ITC Limited (ITC) holding 240 support will bounce, below 240 weak and may touch 222-180.
Hemraj Prajapat Trade Plans: Sell Below 234.9 with the Stop Loss of 239.55
ITC is near it's 52 week low of 263.60, company growth is looking bullish if it takes support from demand zone
ITC is in rangebound between 270-280 from the last month and is expected to be in the same range for this month too. we can execute Butterfly Spread in ITC if we are expecting the same range. The following contracts need to be taken to execute the strategy: ITC JUL 25 2019 Call 280 2400 2.3 ITC JUL 25 2019 Call 275 -4800 4.1 ITC JUL 25 2019 Call 270 2400...
I put an alert for ITC to buy at 268. Do you remember what i have done for you? Click URL:
Buy ITC 268 above is not worry for target 278 nearby and if the cross and close above 278... then spike up to 286-292. This stock is really good for investors. Let me show you the daily chart with projection.
ITC has been consolidating in a tight channel for about five weeks and is near a breakout. It is also seen in the last many budgets that traders build short position ahead of the budget day, anticipating more tax on the company and cover their position on the day. A similar sharp move above 279 is expected to take stock to 288/304. Buy Price: Above 279 Target:...