Get started
ITC LTD.ITC LTD.ITC LTD.

ITC LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

ITC trade ideas

ITC-LongFrom a weekly timeframe, ITC has been making higher highs from Mar-2020 after the long downtrend from 2018. And now has broken trend-line resistance levels with good volumes. Although the close is just above the trendline, looks like a power move breaking the trendline and in this context, this could move up. Target levels marked on the previous S/R levels. Target 3 is the major target I am looking for based on the previous major swing highs, but will need to review price action on the Target level 1 & 2 to decide when to exit. Target 3 is a good Risk/Reward of 1: 3.7
NSE:ITCLong
by serikarprakash
WATCH OUT For Value UNLOCK in ITC | MARKET CYCLE REPEATSHi Friends, ARE WE READY TO SEE VALUE UNLOCK IN ITC | CAN IT RECLAIM ITS GLORY DAYS ?? All levels are marked on the charts. COMMENTS WELCOME There is a lot of learning and analysis that I would like to share with you through this chart. Kindly switch to Weekly Time Frame for the Broad View and then zoom in on the Daily timeframe for the detailed picture As per my analysis ITC has been in the news for all the right and the wrong reasons, but we IGNORE NEWS as TA and only follow what the CHARTS speak As far as ITC is concerned , I believe is it READY to breakout of its MULTI-YEAR Down Trendline. For now all the signals are right 1. retest of the multi year trendline 2. Breakout failure 3. resting at critical resistance turned support zone 4. Completing of a accumulation phase of over 4-5 months between 200 and 235 levels Few events or technical triggers needs to happen for us to be able to go LONG 1. Sustain above current levels 2. Breakout above the down trendline 3. Breakout above the last swing high
NSE:ITCLong
by FourSTechnicalAnalysis
7