The stock market is abuzz with the recent bullish run of ITC shares, sparking interest and speculation among investors. This analysis delves into the factors driving this surge and explores potential implications for traders and stakeholders.
EMA 200 - Crossing
Mutual Funds holding - Dec 2023 -9.66% June 2023- 9.17%
Target 1- 455
Target 2- 480
Target 2 - 525
- the stock is failing due to BAT selling news announcement
- 3 block crows which is conforming the selling mode
- if the stock fall demand zone 1 and zone 2 are the important area to consider the stock
- demand zone 1 (370) is 52 week low
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 INTRADAY TO 2,3 DAY SWING
ENTRY - 427.6
STOPLOSS -425
TARGETS- 431,435++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou
itc ltd is sustaining at 400-404 highly demand zone from 1 month this zone also on golden ratio area where buyrs are intrested to boy buy @ this range and please put a stop loss 390 for a swing till 25 march target will 445-450
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...
ITC is forming reverse poll & flag pattern. Whichever side it breaks will generate good momentum. In most of the cases it's upside but you never know if that triangle breaks down side, it can give good selling pressure there too.
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
Indian tobacco major ITC Ltd, in which British American Tobacco (BAT) sold about Rs 17,000 crore worth of stake this morning, is now within touching distance of its single largest stakeholder in terms of market capitalisation.
As of March 13, ITC Ltd market capitalisation at $64 billion is just short of British American Tobacco’s $68 billion. Notably, while the...
Once share break the green line and it gives positive signal to enter for long term target 500 but 392 is near support too. If by chance it breaks then near term short position will be chosen.
My 1st Target is 427
2nd Target is 450
Since volume is increasing day to day and it is near to support and moreover, reason for downward is BAT going to reduce its stake. I...
Entry exit and sl are as mentioned. Strictly follow the levels provided.
N.B: I wanted to emphasize that the views I express are strictly personal and should not be construed as advice. It is crucial to consult with your financial advisor before making any trades or investment decisions. The complexity and unpredictability of financial markets underscore the...
ITC is currently trading at support zone of 400-410 levels & It is consolidating here since 5-7 days.
I am seeing a trading opportunity here.
I am taking long position in ITC march futures at CMP 407.
I will add more position if 402-404 comes.
My stoploss would be 397.
Target would be 425.
Disclaimer - Do not consider this as a buy/sell recommendation....
48 days EMA line has broken.
if falls continue next support 393
370 strong demand zone and 52 week low.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
![ITC: ITC long term [ 6 Months]](https://s3.tradingview.com/l/L0BYUXI0_mid.png "ITC long term [ 6 Months]")
