ITC hourly chart study suggests some range bound action within the channel until a breakout occurs with supporting volume.
Price trading at value low with created an excess. Waiting for the tail to enter the direction of the long side for target 294 nearby. Buy in a dip(when down spike) 268-269-271 are a good level for entry.
if itc hold the support line then i think upside movement coming.
Buy at an excess zone at value low is my trade strategy. 268 to 273 will attract investors, will you also? Short term traders target is 284 nearby and 307-308 for investors
"EDUCATION PURPOSE ONLY" BUY ITC for Long 2%+ to 3% sl 0.5% NSE:ITC
We wait for a breakout with volumes on either side and enter on pullback (Keep it Simple) !!
with stoploss of 274.20 one can buy for .382 or .618 retracement levels. it may take suppor there or may break the trendline. It has tested this trendline for many times so if this trendline is broken then it may fall sharply.
ITC Today Down Trend Sell Below 278.35 with the stoploss of 281.85 tgt 272
ITC Seems Testing Weekly Support Line Support Zone near 275-270 - If Break Down below 270 will lead to test next support zone 260-252 - If Price Take support near 275-270 & Reverse it may go up till 300-310 Zone again - Open Interest Data Shows 275 is good Support to hold for June Month. Disclaimer: All the Recommendation/View Given in Arrowmoney are only for...
This share will reach its Life Time High again around July 2020. Best price to Buy this Stock is around 250 - 260.
ITC today Burish Stock with high volatility trade point is 290.25 you can sell 286.40 below stop loss is 290.10
positional sell setup for hul with sl around 1720/25 zone with targets around 1550/1500/1395/1284