ITC: Go long once treandline resistance is brokenRetesting the support zone. Once uptreand starts go long for two upside resistance targets. Rest self explanatory.Longby anilbenny0
Buying opportunity in ITCGood buying opportunity in NSE:ITC . 1. MACD crossover to go up. 2. FMCG sector showing bullish momentum. 3. Showing above average volume. 4. Inflation rate has increased in October. ENTRY : Buy above 242 SL : 230 (Closing basis) TARGET : 250/265/280/300 NOTE :This post is just for educational purpose. Do consult with your financial advisor before taking any trade. Thank you. Longby Tanjil_momin4
ITCCurrently above EMA20, can see a short gain target of 246, if it breaks 246, 256 gonna be its 2nd target, today 238 is working as resistance, but since it broke trendline of may19, can see a quick momentum upwards.Longby praveshk20
ITC bullish swing setupITC has given its multi year resistance breakout and is also a stock with great fundamentals Surely is a great setup for swing trading waiting for a pullback to buy BUY at 225 to 230 Stop loss below 215 approx 10% Targets given on chart of 275-285-320 Longby kb_rocks1290Updated 1
ITC Trend AnalysisITC seems to have reversed its Bearish trend as shown by the red resistance line and now seems to be moving along its green support line. ITC seems positive and but the blue trend line seems to be strong resistance at 240 levels. Please consult your financial advisor before making any decisions.Longby AayushK110
ITCLooks good on Daily charts, Wait till retracement up to Trend Line or price action near 220 levelLongby SL17130
ITC Trend AnalysisITC finally broke its Resistance line with an OK volume but the candlestick formed is Neutral hence no clear sign of whether a rally is incoming or a Fakeout. If a Rally is incoming, it will be tested at its long term resistance of 240 and if its a fakeout, it is bound to fall up to 210 levels Please consult your financial advisor before making any decisions.by AayushK110
Arrow of time on ITCThis is my trading journal, not a trade recommendation. This is an additional update on last idea posted on ITC at 200 level mentioned in related ideas link below. DISCLAIMER: Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market. This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.Longby AniketKabir1
The long and winding road That leads to your door Will DisappearI've seen that road before, 200 level to be part of history lessons. For updates check linked ideas below. This is an educational idea and not a recommendation to buy or sell. DISCLAIMER: Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market. This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gainsLongby AniketKabirUpdated 5
#ITC next updated harmonic#ITC bullish harmonic Target -246,272/290 PRZ-209-214 SL-186 CMP:226 @ 7 November 2021Longby Harmonic_Pattrens552
Intraday Short on ITCIntraday Short on ITC on closing below 221.5 level on 15min Time Frame. Target - 218 SL - 223 For Educational Purpose OnlyShortby Tarunsoni0
DIWALI PICKS LONG TERM - ITCITC Gives a Dividend Yield of around 5%.. Which means you can also park your FD money in this stock. The Stock is currently trading at its weekly 20 EMA.. Bounce is very much expected from here on .. There is no issue about the fundamentals of this company.. Dont exect more than 20-40% returns in this company as its a largecap till next year.Longby KushalAgrawal0
ITC-Back to pavilion like Team India in T20 or Follow 2-3-5 RuleITC - the performance of ITC is similar to the performance of Team India in T20 World Cup... Abysmal - however if we look at it from Chart perspective, we see the stock following the 2-3-5 Rule So what is the 2-3-5 Rule? - It takes 2 point to establish a trend line - Point 3 is your best bet to initiate a trade ( in this case, at 265 since the stock came near Line of Resistance for the 3rd time the trade was on the short side) - It is the 5th attempt, when one should not mess with. The probability of trendline getting weaker is higher and possibility of a breakout is stronger. Diagnosing the charts further, we observe, the stock is near the Line of Support for the 3rd time and on any further dips Risk::reward ratio would look more and more favorable to go Long Target 236 / 245 / 251 / 262 ___________________________________________________________________________________________________________ Here are a few examples of charts where the 2-3-5 Rule helped us capture the best movements Adani Power From 45 to 154 Adani Power profit booking above 154 ONGC From 133 to 169 in quick time Short term targets achieved and profit booking duly recommended at 157 / 169 Limitations : Like any other study, this too has it's own limitations - there is no guarantee this will work all the time - the 2-3-5 Rule may contradict with the Cup & Handle pattern in which breakout is expected on the 3rd attempt itself - I have used this study mostly on longer time frame charts Weekly and daily charts and haven't observed the same adequately on 5 mins or 15 mins charts. So can't comment for those time frames This Diwali, my advice is - to take the learnings, invest some time in your studies - observe for yourself on different time horizons and different stock charts - and be in a better position to take investment / trading decision with better knowledge. This approach will work far better for you in the longer run than what advice we see in Media ads with related to investments these days - It's Okay if you are irresponsible and broke your TV, 2nd income from stock market is there - ghusta nahi kuch khopdi mein ( don't understand a thing about investment) yet invest without knowledge in the Hope Kuch toh badlega (something will change... yeah things can change from bad to worse). - Boss ka presentation gaya bhaad mein... ( I mean seriously.... how can one reflect disrespect towards your work and carelessness as cool attitude) A little bit of fun element is fine but to the point of being reckless and irresponsible.... That's not the attitude which which you want to come to market... and with your money and your Future goals at stake.... I am sure, that's certainly not the habit you would want to develop. Remember, whatever work you do, be ready to give 120% of your efforts and output . Do justice to your work 🙏 When it comes to investments and trading, it's your money and your Future... always and always treat it wisely Trust you find the inputs useful. Do Like and feel free to share your views in the comment section below. Follow for more such ideas Wishing you all a very happy Diwali...!!!🙂 Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need beLongby indiamarketoutlook5510
ITC View for holdersITC is low beta stock,Here is daily time frame chart. Entry is good at cmp with small SL .Longby KrishnaSoni4
ITC the meme stockBeautiful trendline running from were top also can be checked on weekly time frame for easy identification It can fall up to 217 previous resistance level and can take support and turn back up ( if government supports 😂)by GOURAV_DHOOT2
ITC Trend AnalysisDespite making a new 52W High, ITC has been on a downward trend since Sep 2021 as denoted by the Red Trend Line. Additionally, 240.35 levels act as a long-term resistance. Seems like a better idea not to get involved until a clear pattern is visible Please consult your financial advisor before making any decisions.by AayushK110
ITC - Perfect bounce from golden fib levels !Category: Fibonacci Retracement Key Highlights: 1. Bullish market structure making HH-HL pattern. 2. Price taking support from one of the key zone levels. 3. Bullish volume is higher and weak non-patient hands are getting out. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Abhishek Singh (@Abhishek_TradersSin) ~ Middle-class IT Employee trying to simplify Technical Analysis. ~ Do follow and like if you like the work.by Abhishek_TradersSin2210
Long aroundLong around 210 to 215 for tgt of 240 to 250.. Itc stock has also become a trader's darling. As investment hold it for couple of years.Longby Smhaditya3
#ITCSimple ways to enter and easy exits A concept that helps you with the movement of the price.by krishnakhanna3
Buy ITC .Weekly AnalysisBuy ITC for Investment purpose.Its a Weekly Chart only for investment.not a trading Advice. Strong support of 200 Levels + Trading near Trendline Support of 220 Zone.Longby prashantmedge5
Long term trend-line breakout in ITCWe all know that ITC has been dividing the trading world into two for so long. Some exited in loss, some held it like 'fevicol's ad' and some cannot even tell the story. but, but Why should one buy ITC now when spines are chilled? Reasons: 1. Bullish Marubozu Candle with high volume. 2. Clear Trend-line Breakout. 3. Absorption of all the supply range visible in February 2021. 4. Making Pandemic Era High. 5. Rising RSI @ 56.54 6. DMI crossover with ADX trying to tilt upwards. Precaution: Please do not chase the move right now. Let the stock pullback or at least consolidate. If it does not correct below 233, look for bullish signs for entry.Longby FiringPegasusUpdated 2