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 Long Position in CashITC is has created a symmetrical triangle after falling in COVID Crash and currently resisting at around 240, which is near to falling trendline resistance on the monthly candle bar. Considering a long consolidation of the past 6 month has created a strong base of buyers. If stock retraced around 215-225 then, buy in small quantity till to 245 will be a good investor move. Above breakout of 240-245, buy-on dip should continue till all-time high breakout. Above all time break out, conside a TGT fpr 600-630-650 as profit booking zone. Time is not considered but since, all stock had bull run then ITC, possibly a new high of CNX Nifty could come with support of ITC.
NSE:ITCLong
by UnknownUnicorn15746477
ITC a hot cakeAccumulation stage is completed in ITC, now it is in First stage Distribution. Note : On 20th, the difference between the buyers and sellers is 9.36 million positive, means buyers are in upper hand, but be careful because, they want to remove week hand out so they try to hunt stop loss. Disclaimer: This is only for educational purpose. Please consult your Financial Adviser before investing your hard earned money. My sincere Thanks for my masters Trading panthulu, Day trader telugu and nayan pokarkar.
NSE:ITC
by SudhakaraRatnaGupta
“Triangular” Formation Breakout• On the weekly chart, the stock has witnessed “Triangular” formation breakout at 219 levels on a closing basis along with rising volumes. • On the weekly chart, this buying momentum was observed from its earlier breakout zone of 200 levels • This buying momentum was observed ITC Limited Weekly Tech Picks 20 September, 2021 from 20-week SMA which reconfirms bullish sentiments • The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength • The above analysis indicate an upside of 238-255 levels *Holding period is 3 to 4 weeks.
NSE:ITCLong
by tusharvispute1