ITC trade ideas
ITC - DAY CHART - 07.12.2022 - BAHAVAN CAPITALITC as per Day Chart Analysis Stock ABOVE 345 TARGET 348.
Today 07.12.2022 Again FII Net selling continue to 1241.87 Cr and DII Net Buying at 388.85 Cr.
There is a Possibility for Nifty to touch 18425 Level. So lets wait and watch...
Happy Profitable Trading to All...
#ITC Cash : Looks good above 345.10#ITC cash -Positional call
05.12.2022
Looks good above 345.10
Stoploss 337
Target 358-360/370
(Make or break level 334)
Cmp 337.25
Bearish Divergence in ITC ?Seems like a prediction against the current market stance, but TSI is falling while price is rising. Can be a false signal too.
ITC : Rising from the Trendline SupportITC : multiple support at Trendline
>> Rising from trendline
>> Good strength in stock
>> Delivery Percentage rising
>> Volumes building up
>> Perfect Swing trade candidate but it might test your patience.
Happy Trading !!!
ITC buy and hold moving towards all time highNSE:ITC
ITC 26.11.2022
CMP 340
ITC formed a demand zone at 325 -333 and retested it , It is getting support at this price.Buy and hold for the first target of 360 then a new ATH. time frame 6 months.
Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.
ITC - Cup n Handle breakout - 7% upside potentialITC looks to be giving Cup n handle breakout at 351-353 levels.
It has to give HRly candle close above 353 to confirm the breakout.
Target: 375+
SL: Hrly close below 348
ITC LOOKING FOR A GOOD SHORT OPPORTUNITY | SELL @ 354 - 355ITC looking good to Sell @ 354 - 355 for great Risk Reward with SL of 367.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Long entry in ITC at 1 hour time frameThere is a divergence at 1 hour time frame, You can target for 360 or 370 easily.
ITC breackdouwn in douwn sideITC breackdouwn in douwn side
expected moov in up to 7 %
sell in current market price in f&o
ITC Ltd_Bullish?ITC Ltd seems Cup with handle pattern on the daily chart. If the price sustains above 350, It will move higher.
ITC case studyAs per elliot wave theory counter is on verge to mature its motive phase,
ascending wedge pattern formation have resistance zone around 355-361 levels
counter have given bearish reversal on smaller time frame below 354 levels
now zone of 354-360 would act as strong resistance zone for counter.
bearish divergence on rsi with respect to price,
use rally in counter to exit from long positions, till counter does not give 2 consecutive daily close above levels of 363
down side if corrective phase unfolds counter might retrace to levels of 320-300-290
Time to be cautious on your investments.
ITC - Possible Breakout /BreakdownAs per chart, ITC looking for Breakout and breakdown....
Below 341 bearish
Above 356 bullish
ITC all time high soon?A decent move above all time high levels can be expected on the charts of ITC Limited. ITC forming a Higher High price positions on monthly chart. Up Trending stock
ITC Follow the TrendITC high made on Friday is 348 and Low 345 whichever side it break follow the trend and enjoy the ride.
Stong Stock ITCItc is fundamentally strong stock that is giving breakout in daily timeframe
Stock is tradingbabove 20 50 200 ema respectively you can buy it with stop loss of below 50 ema
Target 500 for 6 month time span its not a recommendation it's my own study please do your analysis first
As you see it's currently trading above cpr it can move to resistance 1 and 2 respectively
Stock is Clearly in uptrend it's can seen by moving averages and cpr
Here is result of this stoc
ITC Q2 : ST NET PROFIT UP 21 % AT 4460 CR (YOY) , UP 7 % (QOQ)
REVENUE UP 27 % AT 16130 CR (YOY), DOWN 6 % (QOQ)
EBITDA UP 27 % AT 5864 CR (YOY), UP 4 % (QOQ)
MARGINS AT 36.35 % V 36.3 % (YOY), 32.7 % (QOQ)
ITCITC : 1hr liquidity has been grabed, Looking for a positional sell if the previous swing breaks and retrace to the marked zone.
ITC Looks good(Must be on your watchlist)Delivery position on 04 Mar 2022 is 61.08% ,(very good volume) consolidating in a range from one year , stop loss will be 196 , can expect good move in 2022-23.
Please do your own analysis before take a trade
ITC Triple bottom patternITC has formed a very rare triple bottom pattern. While at first glance it seems like H & S, we need to rememeber H& S occurs during an uptrend. Triple bottom occurs during a downtrend which is happening now.
ITC - Trading near Double bottom Pattern neckline1. Trading near Double bottom Pattern neckline
2. If breakout happens! Buy only on Weekly Closing Above 238
3. Can expect 10% Returns
4. stop lose below neckline
ITC SHORT TRADE (Intraday OCT 12)ITC has shown reversal signs and at 1 hour candle it has made head and shoulder pattern. wait and watch when it gives breakout and do study. Thank you !
