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Itclong

Trend Change ?This is Monthly Timeframe. Finally ITC is showing some strength, sell-off started in July 2017 and it fell more than 60% from it's all time high and made a bottom in March 2020. And after that it started a retracement, but the retracement have crossed the 0.50 fibo level, and now approaching the 0.60 fibo level, that means it not a retracement anymore. It may be a trend change. Last month it have formed a thick bullish engulfing candle with good volume. It is showing strength in this month too. There is now high probability that it may test 0.60 level, retrace, and then break it. And that will be a confirmation of a trend reversal. This post is for information purpose only.
NSE:ITCLong
by AkshayAdak
ITC Analysis !! Broke Out📈 ITC Ltd. 📉 This broke out from a Resistance Zone of 234-240 after testing 3 times. ITC on a larger chart forming a triangle pattern which won’t be visible in this chart but I can share on demand. On Buy Side I am looking for Targets of 260-264. 
 StopLoss should be kept below 230-232zone. It offers 1:3 Risk To Reward. ITC on a larger chart forming a triangle pattern which won’t be visible in this chart but I can share on demand. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:ITCLong
by ShelendrAgrawal
#ITC at resistance now NSE:ITC After giving great up move now stock at resistance. First given good long from harmonic level now find the opportunity for short or profit booking at harmonic resistance. 📌 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:ITCShort
by linesandlevels
ITC : Bullish on the way to 300 - a simple price action analysisITC has displayed strength during the past few weeks. The chart shows that there has been good accumulation of this stock from around 206 levels, and it has found good support levels at around 217 and 230. Today, it breached the levels of 246 on its way up and closed at 249.75. The candles denote good buying and the price is above all major moving averages of 21, 50, 100 and 200. While remaining strong, the price might correct to 246 and 240, before again resuming its journey upwards. I see it going up to 265 in the short term. Personally, I am bullish and see it within the range of 300. RSI and MACD indicators signal bullish sentiment. Note: Not a buy or sell recommendation
NSE:ITCLong
by TheUnlearningOne
ITC CAN MAKE A RUN FOR 2501.ITC has given a breakout of it's parallel channel. 2.Double bottom breakout confirmed. 3.Howering above 200 ma. 4.RSI is bullish. 5.Above 33.2% fib level. Buy above - 229 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:ITCLong
by this_is_shoaib
2
ITC CAN BE IN LIMELIGHT AGAIN! :-)1. Sustaining and Closing above 227 is highly positive. 2. RSI trying to Break Out. 3. 208-209 is strong support and should be SL for mid term. 4. Previous swing highs should be Targets: 238/245/265+ 5. ITC is a slow mover. Better Trade in CASH or FUT than Options. 6. Consult your financial adviser before entering any Trades. Views shared here for education purpose. Thank You! 7. If you're reading this, comment below the Pattern name.
NSE:ITCLong
by Equity_OptionTrader
3
ITC is traded in Channel for longITC is being traded in a channel since last one and half year. Recently, It has touched lower line of cannel. Bullish View : Currently it touched lower line of the channel Currently it is traded in support zone It is taking support of 200 SMA on daily chart ]Point of worry : 200 SMA on weekly chart is resisting upward movement Touched support line with increasing volume It has possibility to breakdown. If it breaks its support, it may fall till 200 Trading Suggestions: Long: Entry : Wait for reversal pattern and take entry above confirmation candle on daily chart Stop Loss : Below nearest swing low Target : T1- 238, T2- 245, T3- 262 Note: Wait for reversal pattern. If it confirms, then and only then take trade. Disclaimer: I am also a learner. It is my view. Please analyze it yourself before you initiate the trade.
NSE:ITCLong
by aanand1008
ITC LongI hope you can now see how ITC represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:ITCLong
by EntryandExit
ITC - Perfect bounce from golden fib levels !Category: Fibonacci Retracement Key Highlights: 1. Bullish market structure making HH-HL pattern. 2. Price taking support from one of the key zone levels. 3. Bullish volume is higher and weak non-patient hands are getting out. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Abhishek Singh (@Abhishek_TradersSin) ~ Middle-class IT Employee trying to simplify Technical Analysis. ~ Do follow and like if you like the work.
NSE:ITC
by Abhishek_TradersSin
2