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.
Itclimited
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 - 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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ITCI see a descending triangle pattern here with strong support at 200-202. So, I see two buying possibilities:
1. When the price falls in the 200-202 range
2. When the price breaks the falling trend line
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
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 CrucialLevelsAs We can See on 15Min Time Frame its is showing SymmetricalTriangle type of pattern
and RSI aslo Weak ...
Making Lower lows and Faced Resistance too long
It might me open downside on monday then we can see short side target
lets see monady where it goes ...it can go both side and give closing at up or down side then we will see big momuntum...
ON Daily Chart its showing H&S Pattern which indicate downtrend ....
on monday it can take support from this levels ...wait for 1st half then take trade ...
Sell Below-200 only when Give closing below this
Buy above-207 or 209 ....