Go long in ITC 280 CE for JULY MONTH EXPIRY If it sustain 285 on Hourly chart.
Risk Reward Ratio is better in this TRADE SETUP.
Buy it only when it is sustain above 285 on 1 HOUR CHART WITH STRICT STOP LOSS
This idea is a follow-up to ITC
You can check the Link to Related Ideas
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
Disclaimer: Pl take trades based on your own risk appetite. And always enter your SL first.
A long trade can be initiated, as follows.
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Entry above 270.85
SL 262
Targets of 285.3
RR 1:1.6
ITC 's weekly Support and Resistance levels According to Gann price Square where ITC can take a support and face resistance in coming week
levels with # are most important among those levels.
This idea is a follow-up to ITC
You can check the Link to Related Ideas
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
Itc 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...
Hello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if high of today is taken out. wait for more price action to develop before taking any position . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied...
Keep trading...
Hello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this stock on your watchlist and see if the rules of your strategy are...
ITC for Intraday
In 15min TF, the chart clearly shows that forming a Symmetrical Triangle Pattern.
It can Breakout either of the side. If it breaks the Pattern we can go for INTRADAY trading
ITC - short term trade - Support & Resistance
Buy when open and closes above resistance line - above 278
Target 1 - 282
Target 2 - 286
Target 3 - 290
Lower level support at 264
Strongly trying to break the Lower trend...
Educational purpose...
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...
ITC is been moving within the trendline while making different supports since Feb 2020. It can be a good oppotunity to buy if it comes towards the lower trend.
On 3rd March, 2022 , ITC crossed EMA 200 and from 10 Mar EMA 20 crossed EMA 50, EMA 100 and EMA 200.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
