Code itdc
ATH 747
CMP 762
52WH 879
% Diff ATH -2%
Diff 2%
% Diff 52WH 13%
EPS 8
PE 93
Consolidation Year 6.9
cons. Date 1-Apr-2017
Roce / Roe*1.5 28
PROFIT X (TTM Net Profit / Start Consolidation Net Profit) 7.7
"ATH PROFIT
(RANK OUT OF 8)" 8
"ATH SALES
(RANK OUT OF 6)" 6
"ATH QUARTER PROFIT ?
(RANK OUT OF 2)" 1
"PE(M) 1 year or PBR
(RANK OUT OF 2)" 2
"ATH...
Hello Guy's, i hope you all will be doing good in your life and your trading as well. I have brought another good stock, which has given Multi year breakout on weekly time frame with huge volume spike on weekly timeframe. This stock has shown very aggressive move in last few trading session. Stock has been double in very short of timeframe. Just 2 months ago on...
INDIA TOURISM DEVLOPMENT CORPORATION (ITDC)- CMP: 838
Weekly Chart (4 Feb 2024)
Key Study Points:
- 356 Week Long Consolidation Breakout
- Multi Year Breakout
- Strong Price Action
- Keep SL of 750 and keep Trailing the SL.
Disclaimers:
This chart & study is for Educational & Learning Purpose. This shouldn't be construed as an advice to Buy / Sell / Hold....
Key points of ..
1) multi year breakout
2)high volume
3)small cap
4) high risk
5) promoter holding 87%
6)dll 1.87%
7) public 11.11%
.enter after retested.. high risk .. but multi bagger... Govt stock .
for MORE check in my TradingView ID
If You LIKE MY Idea ......Boost... follow
"Disclosure : I am not Sebi-registered." This channel is for only educational...
Analysis:
The provided chart of India Tourism Dev (ITDC) on TradingView depicts a promising breakout opportunity. Let's delve into the details:
Current Price: ₹838.90, significantly above the multi-year resistance level of ₹715.00 marked by the blue line.
Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume, signifies...
ITDC
1) Time Frame - Weekly.
2) The Stock has given 6 years consolidation breakout with huge volume & strong bullish candle close in weekly.
3) The next target / resistance would be its previous life time high (747 - 17% from the current price 636.70).
4) Recommendation - Strong Buy
ITDC - With heavy government spending on infrastructure , unveiling of various projects like ram mandir in ayodhya, statue of unity in Ahmedabad and many such other projects will lead to more tourism in India. ITDC is just one of them. You can track luxury hotels and other tourism related stocks too.
This post is just for educational purpose.
NSE:ITDC
cmp is 436
this setup is worth studying
heading towards all time high and more
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and...
vcp characteristics
-The Stock must be in stage 2 uptrend.
-A period of price consolidation must take place in thebase. ...
-Price volatility must contract through the base (from left to right). ...
-Price must correct through a series of smaller contractions.
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JOIN US ONLY IF YOU WANT PEACE AND PROFIT IN YOUR TRADING LIFE.
I am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
BUY - ITDC
CMP - Rs. 389
Target - 1: Rs. 530
Target - 2: Rs. 686
.
Timeframe - 6 months - 1 year
.
Technicals - Trendline Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
Reasons:
1. Trading at support in weekly time frame
2. Inverted H & S in daily TF
Chart seems to get rejection from top as wicks formation is common in this chart, we can consider for a good closing to consider the entire structure for long
Fundamentally Good stock with quality parameters improving a lot !!!
Technically,
1. ITDC has given a weekly breakout with superb volume out of triangular pattern .
2. SL and Target levels mentioned in the chart.
3. Inverted Head and Shoulders pattern .
4. Evolving channel pattern.
Let's Wait and Watch how its going to move !!!!
Note - Just Sharing my...
ITDC 27 Nov 2022
We witnessed a sharp rise in price which is supported by volume, exactly at the TL after a long period of consolidation.
In Play : HH-HL
Summary
• Sharp rise in Price
• Price rise supported by volume
• POC 404
• Resistance 466 (Pre SH)
• ATH at 747
Conclusion
• CMP - 404.55
• Test qty can be initiated on break of TL
• Add to the position on...
