UPTREND CONTINUATION IN ITC"ITC" is showing higher-highs in it's monthly chart which shows that the stock is in perfect "Uptrend'. It is getting ready for another rally and the next uptrend will continue above 510 (Let a daily candle close above the Entry point). Keep stop loss at the latest swing low in hourly chart. Target is calculated using ABCD Pattern of Harmonics, which is almost 17% on the deployed capital.
ITC
ITC IS GOING TO HIT 500!!!Once share break the green line and it gives positive signal to enter for long term target 500 but 392 is near support too. If by chance it breaks then near term short position will be chosen.
My 1st Target is 427
2nd Target is 450
Since volume is increasing day to day and it is near to support and moreover, reason for downward is BAT going to reduce its stake. I doing to think it will happen at this level. So chances of upward is more as compare to downward.
ITC: Charting the Path to Smart Investments!A Flag pattern breakout in ITC!!
The mamoth is ready for more upside, it has the possibility to almost double from here!!
Pole height : 300 points
Breakout point : 455
Price where it can reach due to the pattern breakout : 754
Return Expected : 65-70%
Strong Volumes as well !!
ITC: Charting the Path to Smart Investments!A Flag pattern breakout in ITC!!
The mamoth is ready for more upside, it has the possibility to almost double from here!!
Pole height : 300 points
Breakout point : 455
Price where it can reach due to the pattern breakout : 754
Return Expected : 65-70%
Strong Volumes as well !!
ITC looks bullishITC looks bullish, can see W pattern (not strong one but it is aligned with trendline), can enter at 466 with SL at around 388 for the targets of 548 then 630.
--> do not invest more than 5 to 10% of your capital, do your own analysis before investing/trading so you can have confidence to stay in trade till targets.
This analysis is for only Educational purpose.
ITC's Key Support & Resistance: Trade Smartly!Current Scenario:
• ITC is currently trading at ₹429.05, showing signs of consolidation.
• The stock has tested the support level twice (T1 and T2), indicating strong support around ₹402.90.
Key Levels:
• Entry Point: ₹416.25
• Stop Loss: ₹402.90
• Target Levels:
• Target 01: ₹437.90
• Target 02: ₹444.70
Analysis:
• The stock is forming a pattern where it respects the support level, which could be a good opportunity for a bullish entry.
• The previous low and support touches suggest that buyers step in around these levels, providing a safety net for long positions.
Trading Strategy:
• Bullish Scenario: Enter at ₹416.25 with a stop loss at ₹402.90. Look for the stock to move towards the first target of ₹437.90 and possibly extend to ₹444.70.
• Bearish Scenario: If the stock breaks below the stop loss level of ₹402.90, it might indicate further downside risk. In this case, it’s advisable to exit long positions to prevent losses.
Conclusion:
• ITC is showing a well-defined support and resistance structure, offering clear entry and exit points.
• Traders can leverage these key levels to strategize their trades effectively, minimizing risk while maximizing potential gains.
Keywords:
• ITC Stock
• Technical Analysis
• Support and Resistance
• Trading Strategy
• Entry Point
• Stop Loss
• Target Levels
• Market Analysis
• Stock Trends
ITC | Next Target 480Rs / 500Rs | T.A (Follow For More..)According to me if ITC breaks the Level of 445Rs in the upcoming days and closes the 2 bullish candles above the 445Rs price zone. So, the next 1st Target is 480Rs and
the 2nd Tagart Level is 500Rs.
Why? I'm Telling this!!
> Because BJP is won.
> The financial budget is coming soon. and I am pretty sure
financial minister talking about ITC.
> After the 4 June dump the stock fully recovered in just 2 Day's
So, After knowing this all things there is one think is confirm is ITC have lot's of bulls Volume
For Future UPDATES Follow and Give se Boots
So, I will time to time update you.
Nifty is showing correction ahead of Exit Polls Results Nifty showed correction for the 5th straight session,
This is also the longest losing streak in last 7 months
After Gap down opening, it remained in negative trend throughout the session
A Bearish candle is formed on daily chart
The imp upside hurdle is placed around 22630 level
whereas downside support is around 22350 zone
Track for price to form Price Action Patterns at Imp Levels,
However market may show volatility during the last phase of elections
Keep Tracking Charts
*For Educational Purpose
Learn & Practice Price Action setups
ITC - SellIn last few days and weeks we are seeing market rewarding companies with good results and gap down or sell in companies coming up results not matching expected results and punishing if negative results or with lower guidance. Not sure what is the guidance but Q4 results are lower as per data in leading news channels. More over in chart as well price is ready for next fall and ITC has not supported the Nifty in last several days. I think its sell in ITC or else book profits in case of a rally due to Nifty spokes and any positive opinion on future guidance. Sell.
ITC long term [ 6 Months]The stock market is abuzz with the recent bullish run of ITC shares, sparking interest and speculation among investors. This analysis delves into the factors driving this surge and explores potential implications for traders and stakeholders.
EMA 200 - Crossing
Mutual Funds holding - Dec 2023 -9.66% June 2023- 9.17%
Target 1- 455
Target 2- 480
Target 2 - 525
Momentum Swing Idea| ITC LtdITC Ltd
as you all know it stablished in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.
Fundamental = strong
Market Cap ₹ 5,23,098 Cr. Current Price ₹ 419 Stock P/E 25.6
ROCE 39.0 % ROE 29.1 % Debt to equity 0.00
Promoter holding 0.00 % Quick ratio 1.73 Current ratio 2.73
Piotroski score 6.00 Profit Var 3Yrs 7.41 % Sales growth 3Years 12.8 %
Return on assets 23.8 %
This is purely technical analysis and perfect 21 day moving average support .Moreover company is in growing and stable phase .keep in radar .
monthly RSI above 55 and its seems to be reversal signals . if market in uptrend move than this stock will be in uncharted territory.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
Long Trade in ITCITC is currently trading at support zone of 400-410 levels & It is consolidating here since 5-7 days.
I am seeing a trading opportunity here.
I am taking long position in ITC march futures at CMP 407.
I will add more position if 402-404 comes.
My stoploss would be 397.
Target would be 425.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purpose. Thanks!
ITC could reward investors from hereonOn every time cycle, ITC has a tendency to form a low and bounce back on upside.
Very few were interested in this stock as it was a major laggard during April 2022.
The recent sharp fall of ITC also made low near this Time cycle date.
Way forward: When Noone seems to be Interested and all Negatives Around, TimeCycle Points towards a Rise from the Ashes 🔥🔥🔥
400 should remain protected on downside.






















