TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times.
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times.
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...
This 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.
Buy @ CMP CURRENT MARKET PRICE First Sell Target 209 Final Sell Target 229
Things not looking good for ITC. Trade get triggered only below the support zone at 195-200.
The 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
Hi 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...
ITC is at the support level at weekly chart & a falling wedge in D chart is formed. Reversal in cnx fmcg can trigger impulsive moves in fmcg stocks CMP- 205 Achievable targets - 226/36 Sl can be breakdown of weekly trendline.
Last 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...
ITC has broken the short term trendline and seems bullish.
ITC Futures I am unable to understand the reason why is ITC Futures underperforming because there are so many bullish signs in the charts. 1. The candles in the daily charts have made a patter called triple bottom which means that ITC Futures are supposed to fly but there is a resistance at 212 levels.Next resistance can be seen at 216.10 but the pattern means...
ITC futures have turned 203 levels into a very strong support zone. We have heard about double and triple bottom which are strong bullish patterns but look at this, the candles taking support for 4 times and this makes me wonder how much strength has ITC Futures gathered now? Can buy (lot is 3700 shares so please calculate risk) at CMP which is around 209.75 with...
ITC can be Good Swing for a shorter Period of Time . . . DM for your Enquiries
The basis for the analysis is as follows : 1. Uptrend move and support 2. Rising volume breakout + 50% green body above resistance 3. Retesting done 4. Entry trigger after consolidation break level Please hit like if you like the analysis !! Thanks and happy investing.
ITC LONG FOR 2-3 MONTHS VIEW. BUT WAIT FOR NEXT SESSION