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Itclong

Stong Stock ITCItc is fundamentally strong stock that is giving breakout in daily timeframe Stock is tradingbabove 20 50 200 ema respectively you can buy it with stop loss of below 50 ema Target 500 for 6 month time span its not a recommendation it's my own study please do your analysis first As you see it's currently trading above cpr it can move to resistance 1 and 2 respectively Stock is Clearly in uptrend it's can seen by moving averages and cpr Here is result of this stoc ITC Q2 : ST NET PROFIT UP 21 % AT 4460 CR (YOY) , UP 7 % (QOQ) REVENUE UP 27 % AT 16130 CR (YOY), DOWN 6 % (QOQ) EBITDA UP 27 % AT 5864 CR (YOY), UP 4 % (QOQ) MARGINS AT 36.35 % V 36.3 % (YOY), 32.7 % (QOQ)
NSE:ITCLong
by TraderRavikiran
#itc Trade setupNSE:ITC Whoever holding this stock from lower level, then can keep stop loss at 238(closing basis) whoever want to take trade they need to understand first current candle and that's DOJI if break low then it might take next support at 238 and if break high of current DOJI then it will activate this harmonic chart and long side target would be 299 on trailing basis. ones ITC activate this pattern one can short ITC if find reversal. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns . 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:ITCLong
by linesandlevels
4
ITC breakout with volume and Elliot wave countsThis stock has been under performer most of times, but now the way chart is formed is a good sign for bulls, now it may do out perform against market also. On daily time frame it has given good breakout along with good intensity of volumes, also trend indicators and oscillators are in favor to go long, Overall wave structure is also suggesting same bias as a bullish views. Some highlights are shared below as a snapshots. Breakout with good intensity of volume on daily chart Wave counts and all the key levels are mentioned on chart, along with stoploss and targets. MACD in weekly positive above zero line MACD in daily positive, uptick and above zero line RSI breakout on daily along with uptick above 60 & 70 levels RK's mass psychological cloud and RK's stop line both are suggesting to go long Price is above upper Bollinger band in daily chart, good momentum can be seen ahead DMI and ADX in daily chart both are in favor to go long, both are positive Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:ITCLong
by RK_Chaarts
2