ITC Limited - EW AnalysisITC Limited Complete analysis in EW theory now in correction phase of super cycle degree expected correction minimum fib retrace of wave1 38.2 % (Super cycle degree) already 30% over so expected reversal possible at 320-280 price level good opportunity for long term Investors and traders
Itcindia
ITC – Sell on Rise | Major Support Zone Ahead📉 ITC – Sell on Rise | Major Support Zone Ahead
Stock: ITC Ltd
Timeframe: Daily
Trend: Bearish (Short-term)
🔍 Technical Analysis
ITC has decisively broken all major support levels, indicating a clear shift in market structure from sideways to bearish. The recent breakdown is accompanied by weak price action, suggesting sellers are in control on rallies.
Post breakdown, the stock is now below key moving averages and struggling to reclaim lost support zones, confirming a sell-on-rise structure.
🔻 Trend Structure
Breakdown of multiple supports
Lower highs formation on daily timeframe
Pullbacks likely to face selling pressure
🔻 Volume Behavior
Breakdown occurred with expanding volumes
Indicates distribution, not panic selling
Any bounce without volume likely to fail
🟢 Strong Buy Support Zone (High Probability Demand Area)
📍 ₹280 – ₹295 zone
This zone is technically important due to:
Fibonacci 0.50 retracement level
Anchored VWAP support
Prior price acceptance area
This zone is expected to act as a strong demand zone where buyers may attempt a reversal or consolidation.
🧠 Trading Plan
🔹 Sell on Rise
Look for rejection signals near broken supports
Avoid fresh longs above resistance until structure improves
🔹 Buy Only at Support
Aggressive longs only if strong price reaction is seen in ₹280–₹295 zone
Look for:
Bullish reversal candle
Volume expansion on bounce
Failure of price to sustain below VWAP
⚠️ Risk Management
Avoid positional longs until price reclaims key resistances
Keep strict stop loss below support zone if attempting counter-trend longs
This is a zone-based trade, not blind buying
📌 Conclusion
ITC remains bearish in the short term and is best approached with a sell-on-rise strategy. A meaningful buying opportunity may emerge only near the ₹280–₹295 strong support zone, supported by Fibonacci 0.50 and Anchored VWAP confluence.
📉 Trade the trend. Respect levels. Manage risk.
ITC symmetrical triangle breakout Price has broken down from a contracting structure.
Next major support sits near ₹358 (prior demand + structure support).
The recent wide-range candle + volume expansion suggests distribution, not a healthy pullback.
What to watch
A reaction near ₹358 is likely.
If price stabilizes with shrinking volume, a mean-reversion bounce is possible.
If selling pressure persists with volume, the trend shift confirms, and downside can extend.
ITC LTDITC LTD
One of the most sought after stock in recent years
corrected around 20% from high of 499
trying to find ground but still has to cross and sustain above 409 on EOD basis...
those who missed out can start SIP from 340-371 levels...
Other levels marked for using as churning profits from level to level.
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ITC A Money MachineHello Traders,
Sabka Pyaara Sabka Chahita Apne ITC se nazar mat hatana,
Keep an eye on the Mini bull, Sector is performing well & the Leader is Just near Breakout zone 510.
Monthly RSI > 60
WEEKLY RSI > 60
& Daily is Taking rest at 60 zone.
Can Give the Big Targets in coming Months.
Education Purpose Only
Thank You
Prince
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.
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!
ITCAfter 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....
ITC : Trend analysis, Daily chart Long or Short ITC, One of the ICON of Indian Stock market . It's one of the stocks which is performing exceptionally well in comparison to MNC's like Reliance, TCS etc.
Even after the fall of 10% from the recent highs, the stock is still on undecisive on trend. As there are no strong supports till the price levels of 370 we can expect a another 2-3 months of consolidation till 410. Once if the 410 levels are broken we can buy at 370 levels which is a 25% from all time high. As a high standard stock we can expect another 5-10% fall and then to rise again to new highs irrespective of Indian market giants.
ITC 🚨 Is the top in? No one knows.
Before making any decisions, carefully examine the chart, observe and analyze the price action, and identify your points of interest.
While the chart may look ugly for breakout traders and momentum catchers, a dip towards lower levels presents a potential opportunity for investors.
The key lies in understanding your trading style, time horizon, and expectations. What might seem expensive for one trader could be a bargain for another. It's all about finding the right fit for yourself.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
ITC to DIVE TILL 350 below 384 closingNSE: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 above it, then and then only it can carry on the uptrend.






















