ITC PRICE ACTION ANALYSIS AND TARGETS 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 trading :)
This is just for educational purposes.
Itcindia
ITC Short Term Breakout tradeITC was just consolidating for or a long time. There is nothing wrong in the fundamentals of ITC so I think you can hold it for long term also. And Today it gave a good breakout with volume, I Think now we can think of levels of 300 in the future too. As ITC is demerger will make this stock rocket and now's the time to book your ride. I can give more information about its fundamentals, Just write it in the comments
Buy above the breakout line
No Sl
First Target is 228 and further will be provided soon
Less Risky Trade
Thanks Everybody
Happy Trading
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ITC: Short term & Mid term view- BullishTortoise may go like a rabbit on upcoming days bcaz of all indicators are positive in Day, Weekly& Monthly chart. Weekly MACD crossover may happen on upcoming week. Price is coming out from ICHIMOKU cloud in daily chart. These parameters will helps to reach the targets. It can go above the target levels bcaz MACD crossover may happen in monthly chart
ITC BREAKOUT IDEA DAILY TIMEFRAMEITC is showing a descending triangle pattern which is bearish but also showing RSI positive divergence on daily timeframe which indicates a momentum gain in buying side. If it breaks above the trendine then expected Targets will be 218rs then 226rs. If it breaks the 200rs support area then first expected target can be 188.50rs.
ITC - BUY & HOLD - time to lead 🌟Tested crucial level.
Be part of this investor dividend stock
📍 After crossover of MA 20 & MA200 upside breakout is expected.
📍 Reversal from bottom chord of rising channel
📍 Descending triangle formation
Will take a good move from here.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Is ITC making descending triangle pattern?? ITC given big move on Friday but not able to break trendline and sustain above 212.50 levels. If it faces rejection then there is possibility of descending triangle and it can fall below 200 levels. Also nifty is on make or break level so keep SL if positional view
Ignore if crosses above 215 then big move towards 240-250 expected.
Long Investors don't worry accumulate as much as possible around theses levels😊😊😊😊
#ITC 😂
ITC Technical based on FundamentalsThis is purely for investment purpose. I have assessed the ITC Ltd fundamentals, segment reports, past financial performance and expected future growth.
Stay invested till you hit the target.
Disclaimer: We are not Sebi registered investment advisors. This video is only meant for education purpose and nothing constitutes as an investment advice.
ITC Near Crucial Level | 200 - 198The stock has already taken support multiple times in this zone and this zone does or die for ITC. Sustains in this zone would take this to the above levels marked on the chart.
If it fails to hold this then may test below levels.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ITC is just getting ready to go UP || GOLDEN ZONE FIBHi guys, as visible in the chart.
When ITC fell in Mar 2020 and later retraced to the 0.5 - 0.6 fib levels and after plotting a chart similar for the current levels we can see that the stock is hovering around the next 0.5-0.6 fib levels which makes it a high probability to shoot up in the near future and make another move of 37% anytime soon.
Keep accumulating and wait for another move.
FYI : I am personally invested within an average range of 195 / share.
ITC WAIT AND WATCHLast week market was overall bullish and sellers had a full control over market. It is still seeming weak and will be in same condition in upcoming weak as per my analysis but as we know that market can change its direction any-time so we can not relay only on analysis.
So in ITC chances are too high that market will open in downward side but there is a also small chances to open market in upside so wait until 9:45 and after that enter into market accordingly.
PUT Stop Loss and Take Profit targets according to your own Risk Appetite.
Happy Trading. :-)
Note :
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