itc looks very bearish for longterm.............................
ITC Cmp - 220 Stop - Nil, add on relevant dips Expectation - T1 - 235 T2 - 260, Review at 260 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment Disclaimer:- Not a SEBI registered advisor Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
ITC is being traded in a channel since last one and half year. Recently, It has touched lower line of cannel. Bullish View : Currently it touched lower line of the channel Currently it is traded in support zone It is taking support of 200 SMA on daily chart ]Point of worry : 200 SMA on weekly chart is resisting upward movement Touched...
Simple price action analysis on a Monthly chart of ITC. Initial resistance at 246. Upon breaching 246, it might test 266 in the short to medium term. Medium to long term target is 295. And yes, a bit of patience... and patience is virtue.
Hi All, As visible, the selling volume is not sustainable. It's a High RR trade! We can see the Doji forming along with a Hammer Pattern on Daily TF! Buyers should kick in soon. Any questions? Feel free to reach out to us! Abhishek, Jago Niveshak Team
buy on dips for the target of 267 in short term we r moving in higher high pattern (UPTREND). 215-230 is buy range .
EXPLANATION : This is a 1 hour time frame chart of ITC . The stock has been consolidating for days in a descending channel and formed Falling Wedge pattern , If stock taking support from Demand zone we buy at the bottom and sell at the top. I am seeing a very good buying opportunity in ITC because of many reasons . If give a strong breakdown and broke its Demand...
EXPLANATION : This is a 1 hour time frame chart of ITC , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the...
I have sort listed some stocks for you guys this is all for educational purpose :)
NSE:ITC make new entry only above 242 closing SL closing below 222 T 248, 255, 266 280 will be next major hurdle
ITC gave a long-awaited breakout today. But, for more upside, ITC has to cross the supply zone/PRZ mentioned on the chart. The XABCD bearish Gartley, bat, and crab patterns set the targets for the ITC price in the future. The stop loss has to be placed below the demand zone. If the stop loss percentage is above your risk, consider as per your appetite. Happy...
Hello Traders👋 Today i have made a post on ITC weekly-daily chart I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will...
We discuss potential stocks provided by you guys only in my DMs and comment sections so give your stocks in comments and DM me for tomorrows video :) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are...
I really feel this is time to Invest in ITC. For a long while ITC has been a laggard for those who have Invested. But I really feel the its time to Invest once the triangle pattern breaksout. Reason: 1. Good accumulation so far 2. Presently at a support zone 3. Fundamentally good (Everybody knows) 4. Good dividend yield Note: This view is based on a mix of...
ITC ready for a bounce after retesting is long-term support zone of 200. Fundamentally good stock haven't participated in this market rally till now. Stock on the verge of breakout of trendline. FMGC sector diversified business model. Trigger News ITC files Rs 100 cr defamation suit against portfolio manager Manu Rishi Gupta for blog post buying...