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...
ITC 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....
ITC is 15% down from the ATH price i.e 499 now hovering at 420-25 range. For long term investors, you can start sip at or around 400 price which may reflect in better advantage. NOTE: I'm not a SEBI REG. Study before investing.
NARROW RANGE R1 BREAK OUT IN DAILY TIME FRAME I GUESS IT MAY GO TO THE PREVIOUS HIGH UP TO 500 narrow range breakout in daily time frame I guess it may go to the previous high up to 500
Falling Wedge can be seen in ITC which indicates with other confirmations that the price could break upwards soon. Target Points Mentioned.
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.
buy itc above 444 price sl will be 435 target will be 465
i have shared a chart in which in which when ITC gives breakout of fallen horizontal trendline and which leads to all time high and same structure is forming in BOSCH can bosch leads to form new high. I am expecting this share can break all time high in upcoming months . Thanks
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...
🚨 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...
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...
Personal Reference - Current Scenario distribution have started in the stock and has limited upside potential. Support level marked on the chart
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 Ltd seems Cup with handle pattern on the daily chart. If the price sustains above 350, It will move higher.
Itc is fundamentally strong stock that is giving breakout in daily timeframe Stock is tradingbabove 20 50 200 ema respectively you can buy it with stop loss of below 50 ema Target 500 for 6 month time span its not a recommendation it's my own study please do your analysis first As you see it's currently trading above cpr it can move to resistance 1 and 2...
#ITC Whole world is now Bullish here... It'll kill many hopes if it closes below 310 in September series. Needs a Monthly closing above 325. Whichever side it breaks, movement would be big!
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.