Triangle Breakout ITC->Formation of triangle pattern in the weekly chart.
->Support from previous resistance.
->Upside breakout.
->Target of 238.
ITC trade ideas
ITC The "Kumbhakarna" is waking up !!!! watchout :)
Weekly timeframe .
ITC Strong weekly close with good volumes.
CMP=262.55 Buy Above265.
Target =325+
SL=255 or as per Your Comfort.!!!!
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations.
Long term view: Potential targets are 335, 650 and 1900 aboveLONG TERM VIEW: Hope the accumulation is done which can be confirmed by breakout above 260 and successful retest of it on monthly chart. Potential targets are 335, 650 and atlast 1900 and above. But if there is a breakout failure then it can test 211 and below levels also.
ITC MONTHLY AND WEEKLY SWING ANALYSIS AND TARGETSENTRY: 266
SL: 251.85
Short term targets in the right side layout.
Long term and bigger view on the right,
The chart is self explanatory please feel free to ask for doubts
Do your own analysis before trading.
All targets are self explanatory in the chart strictly follow the Fibo levels.
Analysis and targets based on harmonic XABCD and ABCD patterns.
DM if any doubts
Personally I feel ITC is a really good company to buy and hold included with my analysis level we can consider a right time to add and hold for good safe long term targets.
Thankyou.
ITC swing/positional trade setupPrice has broken out and retested the multi-year trend line . It has even broken out and retested the 200 EMA . Volume is high. If the price breaks above 270, it could rally to 300 levels.
ITC BREKEOUT ITC can do 300+ this time
itc break long term resistance...
WE SEE a target level of 260,300+....add stoploss of 201....
ITC - THE HIDDEN GEMITC has broken the resistance with Huge Volume. One can go Long with the current price
This is for Educational Purposes Only.
ITC | WeeklyTechnical:
1)Consolidation of almost 2 years.
2)Strong weekly close with good volumes.
3)Momentum indicators are looking good on weekly basis.
Fundamental:
1)Posting good profit results.
2)Increasing EPS.
3)Almost debt free.
4)Healthy Dividend paying company.
ITC BUY for positional trade - Bullish run expectedIn ITC we can see a recent breakout in Weekly Chart with very good volume. An upside above 263 can take the stock around 280-285 in short term. For long term (6 months to 1 year) we can look at target around 310-320+.
A retrace if possible this week then one can accumulate around 250-245 as well.
Stop loss in the trade should be 230 below strictly.
Happy Trading!
ITC has broken the long term descending trendlineITC has broken the long term descending trendline
Targets are given in the chart
LONG TERM TARGET IS ABOVE 600++
TF :5Years+
ITC : READY TO GOMiss the Chance to buy @230 BO Zone , But its okay RunUp is yet to come for better targets
Buy@CMP
TGT - 290
TGT 2 - 320
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
ITC Long term viewIf support zone (189-199) is held we may reach the target 1(249) and target 2(260). Not sure the contribution will be beneficial to NIFTY.
ITC BreakoutITC Broke out after many years hahaha ...... NSE:ITC . I have mentioned in the above chart with targets and stop loss.
Trade safely... This is only my idea... Share your thoughts guyss... Have a good day....
ITCGood start to form the trend line ,today ( 14/10/21),market end with down bar when it touched the resistance ,now it good start to form trend line ,
MULTIPLE YEAR BREAKOUT IN ITC -- POSITIONAL TRADERefer the chart for entry, sl and target. Chart is self explanatory. Trade with proper risk management. Thanks. Cheers.
Nifty me New Boss KaunITC will now take the charge from here on to take the nifty to new higher levels and I’m betting on this is biggest joker of all time from here on too. This is also triangular breakout and RS Nifty is also giving an impulse upmove and the MACD is also supporting along with the volumes. Ab our kya loge ITC ko jo jaise chase Karna chahe Karlo.
ITC Multi Year BreakoutMulti year (2017) breakout in ITC.
Looks very bullish on Weekly chart.
Levels to watch: 266, 281, 310.
Super Bullish Flag Pattern in ITCOn daily basis, ITC made a bullish flag pattern.
Target will be = Rs 250.
Long term down trend line Breakout1. Long term down trend line Breakout
2. If Sustain above 247 on weekly closing.
We can expect 270 as short term target.
