ITC is currently trading within the support range of 412 - 406, which was established on April 23rd and has been retested. This range presents a potential buy or accumulation opportunity. In case of a break, consider buying at lower levels, such as 392 and 362, based on the Fibonacci retracement level at 50%.
we can see bounce in ITC . It has formed Reversal candle with volume.
ITC Ltd. ( potential to break all time high) ITC Ltd. ( potential to break all time high) Sector: Diversified MONTHLY & WEEKLY TF suggest strong uptrend continuation daily TF seems consolidation in HTF demand zone...
the level are important to follow and for more folloe the chart .
412 is a strong support. If it breaks we can expect it to plummet further to 400 levels and if the volume continues to be as large as it is today, 386 level is also a possibility.
Weekly it is showing bearish trend and could easily go levels of Rs 420 . There you could go for buying in small quantity before seeing some trend reversal. If the levels of 420 broken then then 410 levels can be seen easily.
Bullish flag pattern formation. Most likely it will breakout and move up **Educational purpose**
if falls continue 1st support 443 2nd support 426 already crossed below 48 days ema can consider when it touch are went near to D point demand zone. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
📊 DETAILS Sector: Diversified Mkt Cap: 570,260 cr Established 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. TTM PE : 28.25 (High PE) Sector PE : 30.10 Beta : 0.63 📚 ...
ITC good set up for intraday with small stop loss entry above 461.5-462 Stop loss at 458-456 (as per our comfort) for targets like 466,468,472++ Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my personal view
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Despite the market fall itc managed to go up.. If it breaks 473, then, Targets will be 477, 480, and around 500 in the coming days with a Stop Loss at 465-67 for swing and positional trades
Its look cup and handle and above 480 break 1st target 500 and look long term uptrend
ITC Stock reversing from low. Expect good upmove in coming days Stock can test 480/490/500 in jan month ITC 470/480 CALL is good bet for this expiry holding
"Capturing Market Opportunities: The 'Weekly Demand with Daily Confirmation' Strategy In trading, the 'Weekly Demand with Daily Confirmation' strategy merges long-term trends with short-term precision for optimal decision-making. It involves: Weekly Demand: Identifying enduring demand trends on weekly charts. Daily Confirmation: Validating weekly trends with...