ITC LTD - BreakoutTargets and Stop loss are mentioned in the chart itself.
This is my idea, please use your own discretion before using it. I am not SEBI registered.
Thank you,
Purus
ITC trade ideas
Looks like ITC is ready to go to MOON. I find a possible breakout on Upside on Weekly chart. As It is a clear Flag and Pole Pattern and Best believe it is going for targets 310- 320. 1-3 months.
There is also a possibnilty of faking out so I would request all of you to wait for the last day closing. (friday candle stick)
ITC is outperforming the marketAll FMCG sector is doing well even in this volatile market. You can trust on ITC now.
ITC - 19th May 2022Stock facing Resistance 275-260 Levels
Failure to Close above this Level on Weekly Basis will help Bears push prices down to support area 220-200 levels
regressions channel analysis of | ITCitc trading in channel
watch for breakout or breakdown
add to watch list
YR 2022 Idea #55: Long on ITC This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
ITC Weekly Breakout Readyit is ready for weekly breakout. hovering just below resistance levels.
on daily time frame, it hasn't retraced below 38.2% fib retracement levels.
breakout on daily timeframe will bring potential upside upto 310.
ITC waiving a flag at youA flag in formation...target 320-325, being the resistance line of the parallel channel... stop loss is the point t which the formation gets negated, i.e., close below the flag rectangle
ITC - Bullish flag patternHey everyone,
as nifty is in green state so many stocks got pump last 2 days. i believe nifty got comeback.
so today i am sharing this pattern formed on ITC stock in a daily time frame, hope it will work. ITC is forming Bullish flag pattern now a days, once it breaks that flag we can entry there and stay until hits high.
My top target is 300Rs
so beginners, its a heads up! to start our backtest from today.
thats it for today ,will see you with another idea.
Disclaimer: This was fully my own prediction and educational purpose only. not influencing to buy/sell this stock.
ITC Weekly trendline breakout, This is time to enter in ITC
Buy around 207 to 213
Stop loss-200
1 St. target-230
2 nd target-260
Simple Trade Setup | ITC | 16/05/2022 [INTRADAY]NSE:ITC
Observations:
1) On 1day time frame, it has made morning start pattern.
Please refer below chart : 1day time frame.
-------------------------------------
Trade Setup for 16-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Indian James Bond - ITC is back?Wave 1-2-3-4-5 is complete, ABC is also complete - Major wave 1-2 is completed
Next set of Major wave 1 in progress, in that minor wave (1)-(2) is completed, wave (3) in progress
so when this minor wave (1)-(5) crosses the reflex point - you can buy at retracement for next set wave 3
so, ITC is at huge buying set-up
ITC CHART Analysis Short ideaITC CHART Analysis Short idea
Head & shoulder pattern breakout and now Iy Retest
Ravaging Bull !!!Hello Traders
Nifty to move another 200-300 points up if ITC provides support 20% upper circuit to be hit soon.
Entry 273-275
SL 253
Target 310
Let me know what you think in comments, will this show an upper circuit soon or no.
Regards
ITC on Day Time Frame as market sentiment is negativeITC on Day Time Frame
as market sentiment is negative
Chance very high to break this level
Next support level is 245- 235
ITC be Ready for Wave C of zig zagWave B looks to be completed and drop looks to be in progress.
All other details on chart
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
Simple Trade Setup | ITC | 09-05-2022 [INTRADAY]NSE:ITC
Observations:
1) On 1hr time frame, we can see it gave breakout of triangle pattern.
Please refer below chart : 1hr time frame.
2) On 1 day time frame, we can see it gave closing above the critical level of 265
Please refer below chart : 1day time frame.
-------------------------------------
Trade Setup for 09-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
ITC LTD (EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
ITC LTD with target of RS 275 CMP IS RS 266.65.
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR AT RS 250.
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
WAVE C STARTED WITH A BANG-RIDE THE WAVE.Explained on the chart. trading C wave is as rewarding as any other impulse-so don't exit in haste whatever be the mkt condition is. DISCLAIMER- This is my personal view not a trading recommendation. do due diligence. NOTE: Pl go through the linked ideas to see the evolution. it is necessary to understand the beauty & intricacies of wave formulation/development/maturity.
Simple Trade Setup | ITC | 04-05-2022 [INTRADAY]NSE:ITC
Observations:
1) On 1hr time frame, we can see formation of triangle pattern.
I have drawn resistance channel and support channel.
Please refer below chart : 1hr time frame.
2) On 1 day time frame, we can see 265 will be crucial level.
Please refer below chart : 1day time frame.
-------------------------------------
Trade Setup for 04-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Good resistanceI see good resistance for short time
So watch if they break then chance to go up
Otherwise chance to go down
ITC Chart Analysis !!📈 ITC Ltd. 📉
My Findings :-
1. Breakout from Oct 2021 High and Closed with Strong Candle.
2. Although It’s Crowded trade but it came on my breakout radar so sharing it.
3. Risk to reward ratio is favourable.
4. Check Out My Long term Analysis too.
Bias- Long
Target- 307, 320, and 342
SL- 249
RR- 1: 4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
