This stock has been under performer most of times, but now the way chart is formed is a good sign for bulls, now it may do out perform against market also. On daily time frame it has given good breakout along with good intensity of volumes, also trend indicators and oscillators are in favor to go long, Overall wave structure is also suggesting same bias as a...
NSE:ITC Observations: 1) On 1day time frame, it has made morning start pattern. Please refer below chart : 1day time frame. ------------------------------------- Trade Setup for 16-05-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the...
NSE:ITC Observations: 1) On 1hr time frame, we can see it gave breakout of triangle pattern. Please refer below chart : 1hr time frame. 2) On 1 day time frame, we can see it gave closing above the critical level of 265 Please refer below chart : 1day time frame. ------------------------------------- Trade Setup for 09-05-2022 1) Don't Jump in...
NSE:ITC Observations: 1) On 1hr time frame, we can see formation of triangle pattern. I have drawn resistance channel and support channel. Please refer below chart : 1hr time frame. 2) On 1 day time frame, we can see 265 will be crucial level. Please refer below chart : 1day time frame. ------------------------------------- Trade Setup for...
📈 ITC Ltd. 📉 My Findings :- 1. Breakout from Oct 2021 High and Closed with Strong Candle. 2. Although It’s Crowded trade but it came on my breakout radar so sharing it. 3. Risk to reward ratio is favourable. 4. Check Out My Long term Analysis too. Bias- Long Target- 307, 320, and 342 SL- 249 RR- 1: 4 All Important Supports and Resistances are drawn in...
ITC has given fresh breakout on weekly chart Though it can consolidate b/w 240-260 little because this are is not tested but surely journey has been started.
Rationale 1) Stock has given a breakout above 266 levels on Daily and Weekly charts with about 36% more than average 20D Volumes 2) 21EMA > 55EMA > 100 EMA > 200 and all these EMAs trending for last 1 month 3) CMP is around 35% above its 52 week low (which is 199) & trading near 52W high 4) RS trending upwards, showing strength 5) RSI placed at 71 levels,...
#ITC 1. Inv. H&S Break Out on Weekly Time Frame well supported by RSI. 2. 245-260 is strong base and any dip towards these levels is buying opportunity. (Chances of dips are less though) 3. 325 is the minimum target. My personal target is 600+ in coming months. 4. Closing below 220 WCB is SL for this view. 5. Consult your financial advisor before investing. If you...
📈 ITC Ltd. 📉 This broke out from a Resistance Zone of 234-240 after testing 3 times. ITC on a larger chart forming a triangle pattern which won’t be visible in this chart but I can share on demand. On Buy Side I am looking for Targets of 260-264. StopLoss should be kept below 230-232zone. It offers 1:3 Risk To Reward. ITC on a larger chart forming a triangle...
NSE:ITC After giving great up move now stock at resistance. First given good long from harmonic level now find the opportunity for short or profit booking at harmonic resistance. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can...
Market Analysis Live Challenging Stock Market Analysis Buy ITC @ 205.35 Target1 @ 230.60 Buy 2 @ 177.40 Target 1&2 @ 192 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to...
ITC is ready to take the holy dip below its March 2020 low of 134.60, this will be last fall of the decade for the FMCG / Tobacco giant resuming its major bullish journey NOTE - consult your financial advisor before making any investment decision on my view
1.ITC has given a breakout of it's parallel channel. 2.Double bottom breakout confirmed. 3.Howering above 200 ma. 4.RSI is bullish. 5.Above 33.2% fib level. Buy above - 229 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't...
According to trend and trend line, ITC looks bullish on chart. Anyone can initiate buy above 229 with stop-loss of 219 for long term as well as intraday. Intraday stop-loss should be 225. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...
itc looks very bearish for longterm.............................
Everybody knows about fundamental, based on fundamental every one giving their view to buy this stock. If you are a momentum trader you should wait to break 280 level. It may take 2-3 months time to break, then stock should fly. It's educational purpose, not recommendation.
fundamentally great stock, can expect it to go to 270 range in the coming months, consider this as a mid term investment
ITC Broke out after many years hahaha ...... NSE:ITC . I have mentioned in the above chart with targets and stop loss. Trade safely... This is only my idea... Share your thoughts guyss... Have a good day....