Date : 18-Jul-2024 LTP : Rs. 470.25 Targets: (1) Rs. 481 --> (2) Rs. 499 --> (3) Rs. 532 SL : Rs. 433 on daily close basis Technical View: • NSE:ITC was going through primary downtrend since Jul-2023. • After touching the high of 481.45 on 4-Jan-2024, it has retraced 17% to 399.4 level and it has retraced 20% since Jul-2023. • On 15-Jul-2024, NSE:ITC ...
ITC looks bullish, can see W pattern (not strong one but it is aligned with trendline), can enter at 466 with SL at around 388 for the targets of 548 then 630. --> do not invest more than 5 to 10% of your capital, do your own analysis before investing/trading so you can have confidence to stay in trade till targets. This analysis is for only Educational purpose.
Downtrending Channel Breakout Cuurently at daily resistance Expecting a short pull back till 440-45 areas Before heading out for ATH Strong support area is only near 400 Expecting 550-600 soon
ITC: When Noone seems to be Interested and all Negatives Around, Time Cycle Points towards a Rise from the Ashes. 🔥🔥🔥 BUY at cmp SL weekly closing below 380 Upside: 450/500+ Horizon: 3M
Last year's hero has been underperforming this year but now seems to be getting back in the run up.
ITC Ltd as you all know it stablished in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business. Fundamental = strong Market Cap ₹ 5,23,098 Cr. Current Price ₹ 419 Stock...
In this video, I have provided my view on ITC for swing trading as well as long term investing. Watch the video for more details.
NSE:ITC after having a splendid run throughout the year is now at a very important junction. It is a fairly visible H&S (Head & Shoulder) in making but breakdown looks like snowball's chance in hell. Hence that means NSE:ITC can be a good reversal candidate but only after strong close above 456 level. That should lead NSE:ITC towards 500 and then further for...
buy itc above 444 price sl will be 435 target will be 465
i have shared a chart in which in which when ITC gives breakout of fallen horizontal trendline and which leads to all time high and same structure is forming in BOSCH can bosch leads to form new high. I am expecting this share can break all time high in upcoming months . Thanks
4th base taken out. This is a relentless rally in ITC - now the top performing Nifty 50 stock by a long margin. It reminds me a lot of TESLA in 2020 - is ITC the TESLA of India? Mutual Funds are buying the dip - they know this stock is the top performer and want in We have made 4 bases since the rally started at 300+ in 1 year. Thats unique. Usually the 4th...
Flag and pole breakout Interesting volumes First target somewhere around 480 and post that 500+ is imminent Expecting a big move before June ends which will ensure momentum continuation
Although I am still bullish on ITC, there are some warning signs that anyone long / anticipating needs to be looking for and this may save you a lot of money if the stock does reverse from a test of 450+ - volumes have dried up recently indicating that there is not much supply at 450 (which is good) Stretched on the monthly / weekly momentum - although still...
ITC India is bullish and the top performer in the Nifty for 2023. Now in a pullback - obviously everyone is thinking about how to get in. ITC results were outstanding and the street has high targets. However buying at Life highs is fraught with risk - so how to do that successfully is what this 2 min video is about. Disclaimer - I am long ITC and looking at a...
#itc has formed an rising triangle pattern below fresh resistance zone, watch out for the upside/downside break of the triangle pattern breaking for next move prediction.
NSE:ITC ITC has been sideways at the highs of life time and is showing negative signs of sharp down fall set up if it comes down and breaks the range support of 378/369, below 369we can seen a sharp fall to 350 step by step with only 1 pause/support zone n middle at 363/361. IF ITC BREAKS RANGE HIGHS/RESISTANCE OF 394 and gives closing and opens new candle...
ITC, Breakout happened on the upper side, so as per cup and handle we can expect the target up to 403. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
ITC LTD. LTP 380.65 BROKEN important res 368. I expect more bullish moves in the coming years. BULLISH FOR 500/700/1000?