ITC has reversed from the fibinacci levelsITC has reversed from the fib levels after a superb run.
Retracing done. Now it should resume the long run again. Good entry point.
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NSE:ITC
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ITC's resistanceITC has faced resistance multiple times at the trend line indicated in the chart. It is ready to test the same trend line again. Will it break it finally?
Keep a watch. If broken decisively, there could be a very BIG move in the chart.
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NSE:ITC
ITC: Previous targets of ideas achievedI have posted about ITC multiple times and today all the targets were achieved.
Here is what I think the next resistance will be for ITC.
PS: Please look at all my ideas on ITC.
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NSE:ITC
ITC: Targets if move continuesI had posted an idea on ITC and the stock moved by 4% almost. For short term traders, partial profit can be booked.
I am posting the next Target (T1) and T2. Trail your SL.
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NSE:ITC
LONG ITCLONG NSE:ITC near 185
ITC is having good Demand zone near 185 and looks like ITC is tading in channel.
Support trendline is near the same levels .
SL below 180
TARGET 200/209/215
163.65 ITC looks Strong Buy163.65 ITC looks Strong Buy , Breakout Retracement looks nice over here NSE:ITC
ITC SWING CALL SHORT VIEW ITC DAILY VIEW
I think we will see ITC price Plummet in the coming days, Swing call.
Next Target is seen @ 164.95 NSE:ITC
ITC ON CORRECTION PHASE NSE:ITC
ITC CORRECTION AS EXCPTED . IS THE CORRECTION FINSHED OR LETS WAIT FOR 173
ITC CAN MOVE UP FOR 190 AND THEN A CORRECTIONTHE ITC CAN MOVE UP FOR 190 AND THEN IT CAN COME DOWN FOR A CORRECTION NSE:ITC
ITC - Going through major correction after full five wavesITC is one of the NIFTY 50 shares and has been a traditional bluechip since decades ago. It's one of the very old trading companies that has undergone metamorphosis over the years and become a conglomerate over the years. Every business has to go through an evolution cycle and no escaping that.
In Elliott parlance, ITC completed its full five year growth cycle in mid-2017 after attaining a peak of INR 360 levels. A major correction is since underway, will wind its way through time and will take months and months. At a minimum the correction will hit 0.382 level, which level it has touched very recently. The prices may bounce from here as part of three wave structure but that's a bull trap and beware of picking up large quantities in your portfolio.
In my opinion, it's a bit too soon and the correction has way to go. A further correction after an immediate bounce from here will likely occur. The target correction level is around INR 150 ..at which stage it should have corrected by 0.618 Fibonacci retracement level.
The wave pattern and numbering may be inferred from attached chart.
Corrections are always long drawn process and will take time. Patience pays in the long run.
NSE:ITC
"EDUCATION PURPOSE ONLY" BUY ITC for Long 2%+ to 3% sl 0.5%"EDUCATION PURPOSE ONLY" BUY ITC for Long 2%+ to 3% sl 0.5% NSE:ITC
FMCG - Breakout after Consolidation - Enter on Pullbacks OnlyFMCG was range bound after breaking the previous swing high on Daily.
With Nifty Supporting the Trend and No Signs of Weakness of Daily, Weekly, Monthly Charts.
Every dip in good FMCG Stocks is a good opportunity to go long.
My Favouite Stocks are
NSE:ITC
NSE:HINDUNILVR
NSE:GODREJCP
NSE:DABUR
NOTE: As these stocks have run up too much, do not enter in Full force and wait for pullbacks. REMEMBER MISSING Opportunities in the MARKET is OKAY, LOSING CAPITAL IS NOT
ITC, Uptrend intact post results. NSE:ITC
ITC in uptrend, possible target shown as 4th june is the ex-date for dividend and the results were not so bad, only the agro business is showing some loss.
ITC NSE:ITC Reversal Candidate
ITC NEAR SUPPORT ZONE ON CHART AND RSI IN THE OVERSOLD ZONE
Can expected a shorting covering in the ITC. Because it's Rsi in oversold zone maximum down side possibility stock goes and test the level of 395. If it gives reversal around 395 then we can expect good upside.
ITC Ltd. - Double Break Out TradeDate : 11-Oct-2023
Rating : Buy
LTP : Rs. 448.25
Target: (1) Rs. 455, --> (2) Rs. 480, --> (3) Rs. 500
SL : Rs. 433
Exit Plan : Follow the 7D/13D EMA cross down on closing basis.
NSE:ITC has given double break outs. From its current short term down trend and from double bottom pattern. Have closed above 20D MA. EMA, MACD and RSI giving bullish sign with RSI giving positive divergence.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
ITC STOCKNSE:ITC Stock buy above 450 rupees.
Target 1 is 465 to 475 rupees,
Target 2 is 480 to 485 rupees,
Target 3 is 490 to 495 rupees,
stoploss below 430 rupees.
Buy ITC LimitedBuy ITC (NSE:ITC)
Buy Range- 420 - 425
Target- 444 - 448
StopLoss- below 410
Potential Return- 6-7%
Approx trade duration 12 - 14 days
Weekly chart analysis of ITC Stock is at important Supply Zone.
For Upside rally stock has to close above 323 level and it has a potential to reach 400+ in coming weeks.
Now, 265-275 Price range is very important demand zone. 250 will be the next major Support.
240 will be the ideal SL.
We will update once the breakout is confirmed.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ITC
ITC SHORT NSE:ITC
ITC is continue increasing March month to till live technically monthly,day,weekly rsi is see overbought zone
First target - 280-285
Second target - 260
ITC LTD: Strong BuyNSE:ITC shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover
Target 2: 343.55
Target 1: 297.25
Stop Loss: 282.55
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
