ITC trade ideas
ITC on its path to moonFlag and pole breakout
Interesting volumes
First target somewhere around 480 and post that 500+ is imminent
Expecting a big move before June ends which will ensure momentum continuation
ITC India - 4 Reasons to be a bit nervous right now at 445Although I am still bullish on ITC, there are some warning signs that anyone long / anticipating needs to be looking for and this may save you a lot of money if the stock does reverse from a test of 450+ - volumes have dried up recently indicating that there is not much supply at 450 (which is good)
Stretched on the monthly / weekly momentum - although still positive, it is definitely on its last legs (unlike new breakouts like Indigo, Bharti etc)
The base is being built - but might still need 1-2 weeks (previous bases took 2 months)
Volatility is compressed and this is a positive. It touched 452 in this consolidation and also made a tail down to 430 - which is very normal
If the relative strength goes down (compared to nifty) or if it cuts 440 on volumes, then cut off the trade.
Bottomline - Stay long and hope for a clearance of 455 very soon - on good volumes that too. Otherwise be ready to cut this loose if it reverses sharply from here on volumes.
ITC 1-W CHART ANALYSISNSE:ITC
210 to 350 level in one year
5 multi-year breakout.
ALWAYS WAIT FOR RIGHT ENTRY.
it's only knowledge purpose only.
ITC - Cup n Handle breakout - 4% potential upsideIT has given Cup n handle pattern breakout at 457 levels.
Target: 475 in 2-3 days
SL: 15 mins candle close below 455
ITC to fall below 400, RSI Divergence & Elliot WaveITC has exhausted its bull run and indicating divergence on daily chart, Elliot correct wave is also due for further up move. This can lead to fall of ITC below 400 by Aug'23.
We can initiate short trade once white line breaks, or we can do now also with SL of 458
Disclaimer - The above idea is only for education purpose
ITC stocks analysis on monthly basis & Also Target levelElliott waves completed (08 waves i.e 5 Impluse + 3 corrective wave ) since 2004 to 2020 on mothly time frame. than new Impluse wave have started since 2020. now in present seems that 3 wave have completed & 4th wave in ongoing. 4th wave to be comes at 38% or 68% of wave 3 which target have given in chart. And target upside upto 512 level when it completed 4th wave.
this is only educational
ITC India - Right way to get into the stock with the least riskITC India is bullish and the top performer in the Nifty for 2023. Now in a pullback - obviously everyone is thinking about how to get in.
ITC results were outstanding and the street has high targets. However buying at Life highs is fraught with risk - so how to do that successfully is what this 2 min video is about.
Disclaimer - I am long ITC and looking at a target of 500. This video is for education purposes only
ITC @ 454FMCG: ITC 453.10 | 17-JUN-2023
Sector: Diversified
BETA: 0.61
FACE VALUE: 1
DIVIDEND YIELD: 2.81
BOOK VALUE: 49.82
SUP: 206
My journey started from 200 level. It is trading above my 1st target bottom level.
More to go. 590-580, 710-780, 1070-1130.
ITC After reaching All time high
strength of the upward Momentem = Decresing gradually
time of the distribution = Decresing gradually
When distributing = Price is going down gradually
I think price will reach 465, after that it will go to consolidation stage.
VIEW ON ITCGood chart
Stock entered it's blue sky zone
Above 451 which was its previous high
Target 460/465
Stop loss 449
I am just representing my views
For educational purpose only.
ITC Stock (All Time High)Analysis on 9th February 2023
-Took Support on Black Trendline. (BUY)
-ITC breakout and currently All time high. (BUY)
-Stop Loss (346.90 rs) can be low of Big green candle because, High volume breakout which is also consider as a trustworthy Move. (BUY)
-Indicators Also showing HL while Price Action is Making HH, which is Bullish Continues Divergence.
For More conviction wait for tomorrow closing..
Have A Good Day !!
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
ITC Results!Consol Revenue up 12% YoY at 19695Cr, up 39% QoQ
- FMCG segment (Including cigarettes) Witnessed growth of 27% QoQ (Sustained margins of 39%)
- Hotel Segment witnessed a jump of 334% in Sales with positive results of 116Cr vs loss of 159Cr previous quarter
- Agri Segment witnessed 82% jump QoQ at 7492Cr, cost preassure resulted a bit drop in margins to 4%
- Paper segment witnessed 43% jump QoQ at 2267Cr with better margins of 27%
PBT up 6% YoY at 5950 Cr vs 5620Cr, up 33% QoQ
EPS 3.56 vs 3.40YoY
ITCStill has some fuel to move up as long as price stays above 418. Buy above 424 with the stop loss of 418 for the targets 430, 438 and 446. This is not a recommendation to buy/sell. Do your own analysis.
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
ITC SWING TRADETrending Stock at All time High
Flag pattern created on Daily Time Frame
Bullish Engulfing on Daily Time Frame
Target 1:3 Risk: Reward
Buy above today's Candle High -- 387
Stop Loss below today's Candle Low -- 377
Target around 415-420 levels.
Please do your own research. Not a recommendation.
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
It renders perfect touch to the target.do you think its rally will stop here?
In larger time frame its 3 rd wave in progress.
it has not completed yet.
in smaller time frame its 5 th wave is in progress.
after that we can get a pull back .
and rally is going to sustain.
please go through my earlier posts of ITC.
first I spotted its splendid chart on april 14 2022,when its price was 269.
Do connect with me by following me and liking my post,
please go through my recent posts of bank nifty and pther stocks.
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
