I am expecting 226 in the next 2-3 sessions. Short Term Targets: 230-235 Medium Term Targets: 240-245 Long Term Targets: 300++ ITC seems bullish. Everything visible on chart. Kindly comment or reach out for clarifications or views. Rest Market will tell! :) Note: Post only for education purposes-
itc chart analysis for intraday and swing trading
BUY ABOVE 218.60 ON CLOSING BASIS ON DAY CHART STOPLOSS:- 210 TARGET :- 230-233 PLEASE DO LIKE AND SHARE THIS. THANK YOU !!
ITC LTD - Descending triangle pattern formation at monthly time frame - Long Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
I have explained my Idea in the chart itself. 3 points explaining why to go long on the stock. *ITC has formed a double bottom pattern in the weekly chart and has has broken the resistnace* Please like if you like my analysis. I am always open to thoughtful discussion. I would suggest to trail the Stoploss after getting the first target rather than booking on...
ITC is trading at monthly 200EMA support along with Fibonacci support. From here downside is limited considering fundamental ratios. Not expecting much from results. However, there is a strong demand zone at 150-165. ITC can be a big bet for the year 2021. CMP - 174.75 Short Term Target - 190 Mid Term Target - 220
Take not more than 3% Risk of your Principal Amount!!!
I had given an outbreak call on ITC based on a condition. Condition being, if it breaks above 175, we could see a big move. Just look at the charts. It reversed exactly from the resistance. Now, it has moved swiftly towards the support. There can be two trades here. 1. If ITC pierces through the support, it is a short below 166. Short at 166. Target at 157....
Honestly, if there was an ever an example to use to teach someone resistance, it's this. Reverses from the trend line every chance it gets. Imagine the psychology of a trader if it breaks the barrier. Buy above 175 with an open target. It will move! NSE:ITC
ITC is trying to break the 174.80 on hourly setup for the 4th-5th time. If it manages to break this, it could be a huge move upwards. Buy @175. Target @180. SL@169. CLSA has upgraded the stock too. This could be huge for the stock!
as per this chart itc is around strong support zone price 193 -194.5
The movement RSI above 60 + price above 202.25 and hold level for minimum 15-20 minutes a good buying expected * only this scenario for buying✓. If open with big gap and gap down * not trade×. Disclaimer:- your capital at risk. Consult with your financial advisor before do any action and trade with own analysis and research.
Took pattern support, small retracements possible. Should form higher highs & move to the top.
Hi Traders, 1. On the 4th of July 2020, I gave the title " IS ITC READY TO MOVE UP OR GOING RANGE BOUND SEE YOURSELF !! and today it is "IS ITC READY TO MOVE DOWN OR RANGE BOUND SEE YOURSELF !!". There is only one thing common that is rangebound in both titles. Why it is so? See in last post point no.4 I wrote is quoting for your consideration " ...
Hi Traders, 1. In last week's post, I mentioned in the trade plan next week is quoting for your consideration. " if the price takes out a yellow line with the above-mentioned condition then the trend will change to upside." See in the last post I showed you two patterns circled in white and red. The white one evening star and red one dark cloud on...
I have added all the details in the picture , please refer and let me know of any doubts.
Hi Traders & Investors, ITC ANALYSIS Almost a few weeks ago, I posted my analysis on ITC where I mentioned two conditions is quoting for your consideration " If this is taken out on a 2hr time frame then the structure will change and the price will move down further. On the contrary, If the price...