Things not looking good for ITC. Trade get triggered only below the support zone at 195-200.
ITC has retested support of 200 continuously 6-7 times and made support to the previous trend so it is looking big Disclaimer - Trade is not recommending on behalf of my views these are personal trade at your own risk comment your view, what you think about it thanks
If you buy a stock multiple times at different supports and sell them at different resistances is known as Range bound trading. This type of trading makes trading easy. For now, ITC target is 218. It is currently at the support level so you can buy it
ITC hourly chart Going toward the major support of 200 volume squeezing slowly can pulled back with volume support Strict long term stop loss 200 on month close basis Ang long start above 212 I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single...
Daily Chart View on the verge of supply zone Strong Pull back Candidate Taking Support on 200 EMA I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Hi 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...
ITC is trading in a triangle pattern. There is a possibility of breakout in the coming trading sessions. It can be a positional trade for a target of 226.
TGT 1- 260 TGT 2- 274 SL- 200 Bullish, upward price action, bears are getting weak. RSI crossing 50
ITC has broken the short term trendline and seems bullish.
ITC Futures I am unable to understand the reason why is ITC Futures underperforming because there are so many bullish signs in the charts. 1. The candles in the daily charts have made a patter called triple bottom which means that ITC Futures are supposed to fly but there is a resistance at 212 levels.Next resistance can be seen at 216.10 but the pattern means...
ITC futures have turned 203 levels into a very strong support zone. We have heard about double and triple bottom which are strong bullish patterns but look at this, the candles taking support for 4 times and this makes me wonder how much strength has ITC Futures gathered now? Can buy (lot is 3700 shares so please calculate risk) at CMP which is around 209.75 with...
ITC is at its breakdown at 201 level and after this breakout, it's gone to 215 Resistance & if this trend continues soon gone to 228 & if its in a downtrend it breaks its support 201 it went 191.
The basis for the analysis is as follows : 1. Uptrend move and support 2. Rising volume breakout + 50% green body above resistance 3. Retesting done 4. Entry trigger after consolidation break level Please hit like if you like the analysis !! Thanks and happy investing.