DOUBLE BOTTOM - SIMPLE AND POWERFULFriends,
I have explained everything in chart.
PERIOD TO ACHIVE THE TARGET - 2 TO 3 MONTHS.
Thanks,
Indian Ox
ITC trade ideas
ITC AUGUST expiry viewITC can break 220 on upside in next few days...so August expiry may show 220-226, sl strict 207 on closing basis!
ITC - Triangle Breakout ExpectedExpecting ITC to give triangle breakout soon. Target 248, SL: 198
Potential Upside: 18%
Timeframe - 3-4 Months
DeScending Triangle and h&S resistanceRsi is fallin,descending and h&S so it might fall on monday....
ITC Head & ShoulderNSE:ITC
ITC looks Head and Shoulder pattern
Support levels 201-203
Resistance 209-211
ITC Wedge Pattern and Price ActionITC is in a consolidation from more than 200 days and now it's forming a wedge pattern , which may give breakdown and good for new buyers to buy at dip.
Go long on ITCITC has a breakout from triangle pattern. Go long and place your stoploss below the upper trend line of the triangle
ITC Triangle Pattern in Bullish FormITC may breakout and give a bullish trend,
Analysis of 1 Day Chart: -
ITC Chart pattern is forming a Triangle Pattern my end up in Breakout and give a Bullish Trend.
Cup and Handle Pattern
Prices: -
CMP: - 211.45
Target: - 220 - 222 ( Around 5.30% Return)
Stop Loss: - 204.60 - 205
For Safety, You can enter after Cup and Handle Breakout at 216 rs.
Disclaimer: -
Do your own analysis, This are my thoughts and analysis
GOOD NEWS FOR ITC HOLDERS The ones who are holding itc and those who are waiting for a breakout, breakout may be coming in the next 10.14 days.
itc's future looks great
target looks 300++++ after breakout on weekly and daily timeframe
Expecting Breakout - Concentrate FMCG Sector This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
ITCmulti year breakout above 224 can lead it towards quick 300+. confirmation level for this month is above 212
Long opportunity in ITCITC has given a good triangle pattern break out hence its a good time to enter in case it hold the upper trend line of the triangle pattern
ITC intraday trade idea for 9th Aug#ITC entry and exit levels on the chart (refer black/blue lines). Place SL@0.8% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter. #INTRADAY
If it gives closing above 226 on 15min timeframe, then a big breakout can come in this stock and can be bought for 240 levels #swing #positional
ITC Ltd Long @ Rs 214 or belowNSE:ITC
Entry 214 or Below
Target 258
SL 195
Time: 3-4 Week
ITC is trading in a zone for the last 8 months now it looks Bullish , It has strong support at 200. The supply zone is at 223-229 which is tested so looks week and can be broken by a strong upside movement. if the supply zone is broken successfully then it can reach to 258 targets. Buy and hold for the 3-4 weeks.
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not a trading or investment advice
KUMVAKARNA IS AWAKENING.There is definite sign of life in this boring stock.Everything on chart.Wave B of A-B-C completed.Though have projected BC=AB,I believe it will get converted in an IMPULSIVE UPMOVE along the way and surpass all your expectations. MAKE YOUR MILLIONS. Standard disclaimer:-this is my understanding (check my previous millionaire making ideas,ha ha).DO YOUR OWN ANALYSIS BEFORE JUMPING INTO TRADE.
ITC Chart Analysis * ITC now trading in a uptrend trading channel . When comes down to its lower price bounce and when goes up its upper channel then price rejects . Next target of ITC is 260 to 275 area .
ITC Getting Ready for move.Simple consolidation
Interesting thing is stock is entering into expansion mode. Look at the size of candles in black box & compare it with the previous sizes of candles.
Size is getting bigger & bigger.
Volume activity also favorable
Expecting a breakout soon.
SL at 190-195.
ITC LOOKING GOOD TO BUY FOR MID-TERMOne can buy IT at the current price of 208-209 and add more on dips up to 200 for the Targets of 220 and above until 195 is saved on the closing basis.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#ITC CASH : Looks good around 210-212#ITC CASH - Positional call
05.08.2021
Looks good around 210-212
stoploss 205
Target 224/240
Cmp 215.25
