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ITC

ITC - Bowl Formation ITC : Imperial Tobacco Company ITC - This stock needs no introduction to investors community on fundamental side and stressful community on traders side Why this post ? There was a decent Rounding Bowl Formation near completion on weekly charts which i thought of sharing with my Trading View community. Some Analysis what i foresee going forward I am of view that once the bowl formation is completed around in between 303-313 range this stock has very less potential to go in new territory for many weeks (this is my premature assumption as of now) :) Chintamani :) Disclaimer I am not SEBI registered analyst. My studies are for educational & General purpose only. Please Consult your financial advisor if you have plans of trading or investing. You yourself hold sole responsibility of profits and your losses arising of above shared info
NSE:ITC
by Chintamoney
ITC LTD: Strong BuyNSE:ITC shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover Target 2: 343.55 Target 1: 297.25 Stop Loss: 282.55 Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
NSE:ITCLong
by finogent
Itc shows Golden opportunityItc Giving opportunity which comes one in many years, how?... let's do analysis _ 1. EMA 20/50 crossover on monthly, simple but very effective way to enter in any stock for long term basis, last time it gave crossover when itc was at 15 rs(2003) , n gave exit (reverse crossover ) at 255rs(2020), now again on monthly it gave crossover, a perfect point to enter for long term regular investment or sip, any which ways. 2. Rsi 60 up on all time frame -D/W/M (super bullish). 3. A long _long consolidation phase of 9 years , it is moving in a range since 2013 , and now I observe it is shifting back to bigger channel(yellow), and very close to break its all time high, after that there is a open sky for itc to fly. 4. Above ema20/50/100/200 on D/W/M time frame. Conclusion- as per channel target I see itc in 4 figure in couple of years , a very reliable stock , can do sip, one time investment for years Note. If expecting short term wonder this may oy may not fulfill expectation but yes if your horizon is 3-5 years at least, can see wonderful results, I see 3x -5x return in this stock in long term.
NSE:ITCLong
by praveshk2
4
ITC: Will Resistance zone act as Support?Last time in November when the stock was around 222, this is what was shared The Line of Support provided perfect entry opportunity to buy. Now we have seen the stock moving past the Line of resistance. Will it now act as Support? Only time will tell... Above 285, doors open up for a potential movement towards 305/ 320 odd levels in short term F&O Trading Strategy One may consider to sell ITC 30 June expiry 260 Put option. Yield potential of 9-10% on Margin requirement Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:ITCLong
by indiamarketoutlook