ITC was in the news since so long time, that after years of pressure, it gave a very good breakout and the stock which people use to tease finally skyrocket and touch its all time high mark... Now it has formed a Inverted Dow in the chart as you can see and it should be slip upto mentioned level but overall it's positive and after retesting the mentioned levels...
After huge return in short term people are looking forward to know the next move... ITC is going to announce its Q2 numbers today.... So here, is the chart of ITC if it break and close above the resistance line, there is upside move possible or if it breaks the trendline and close below it then we can see the a temporary downside....
In this video, I have provided my view on ITC for swing trading as well as long term investing. Watch the video for more details.
ITC go long it it crosses 455.65 Entry price : 455.70 Stop loss : 435.85 Target : 492.35
4th base taken out. This is a relentless rally in ITC - now the top performing Nifty 50 stock by a long margin. It reminds me a lot of TESLA in 2020 - is ITC the TESLA of India? Mutual Funds are buying the dip - they know this stock is the top performer and want in We have made 4 bases since the rally started at 300+ in 1 year. Thats unique. Usually the 4th...
Although I am still bullish on ITC, there are some warning signs that anyone long / anticipating needs to be looking for and this may save you a lot of money if the stock does reverse from a test of 450+ - volumes have dried up recently indicating that there is not much supply at 450 (which is good) Stretched on the monthly / weekly momentum - although still...
ITC has exhausted its bull run and indicating divergence on daily chart, Elliot correct wave is also due for further up move. This can lead to fall of ITC below 400 by Aug'23. We can initiate short trade once white line breaks, or we can do now also with SL of 458 Disclaimer - The above idea is only for education purpose
Stock Name - Itc Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 409 #This is not Buy and Sell recommendation to any one. This is for education purpose...
#itc has formed an rising triangle pattern below fresh resistance zone, watch out for the upside/downside break of the triangle pattern breaking for next move prediction.
NSE:ITC ITC has been sideways at the highs of life time and is showing negative signs of sharp down fall set up if it comes down and breaks the range support of 378/369, below 369we can seen a sharp fall to 350 step by step with only 1 pause/support zone n middle at 363/361. IF ITC BREAKS RANGE HIGHS/RESISTANCE OF 394 and gives closing and opens new candle...
ITC losing momentum and looks weak if sustain below 370 for the marked targets with white line. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
ITC Chart after Breaking Down his First Support Create Another Support At Lower Levels and after Getting 2-3 Time Support not its Come his Major Hurdle pr Resistance Point and Trying to Make Breakout with His Most Power Lets See in Coming Session What Happen???
ITC 1D Bullish, possible breakout. 1. Double bottom formation 2. Daily trend line breakout 3. monthly resistance testing Good to go after 345 breakout with support at 334.10 and target 360 and 380. Wait and watch. Analysis.
ITC : multiple support at Trendline >> Rising from trendline >> Good strength in stock >> Delivery Percentage rising >> Volumes building up >> Perfect Swing trade candidate but it might test your patience. Happy Trading !!!
NSE:ITC ITC tending to come back at 300 zone shortly
ITC nearing two year high... Today ITC closed at 259.45, very close to the 2 year high price of 266.3. The stock price looks bullish and any movement beyond 266 will take it to 282 for the initial target. Based on further action, the stock has probability to reach 310 once it crosses 282 with good volume and momentum. Stop loss at 246. RSI on weekly chart is...
ITC strong buying trend in day chart...with hight delivery percentage last 5 trading. so next target 314, 320,328.Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you.
ITC reaches at it's life time high resistance level, now will it face some resistance or profit booking here. Last time it falls up to 240 level in 2017.