ITC the meme stockBeautiful trendline running from were top also can be checked on weekly time frame for easy identification It can fall up to 217 previous resistance level and can take support and turn back up ( if government supports 😂)by GOURAV_DHOOT2
ITC Trend AnalysisDespite making a new 52W High, ITC has been on a downward trend since Sep 2021 as denoted by the Red Trend Line. Additionally, 240.35 levels act as a long-term resistance. Seems like a better idea not to get involved until a clear pattern is visible Please consult your financial advisor before making any decisions.by AayushK110
ITC - Perfect bounce from golden fib levels !Category: Fibonacci Retracement Key Highlights: 1. Bullish market structure making HH-HL pattern. 2. Price taking support from one of the key zone levels. 3. Bullish volume is higher and weak non-patient hands are getting out. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Abhishek Singh (@Abhishek_TradersSin) ~ Middle-class IT Employee trying to simplify Technical Analysis. ~ Do follow and like if you like the work.by Abhishek_TradersSin2210
Long aroundLong around 210 to 215 for tgt of 240 to 250.. Itc stock has also become a trader's darling. As investment hold it for couple of years.Longby Smhaditya3
#ITCSimple ways to enter and easy exits A concept that helps you with the movement of the price.by krishnakhanna3
Buy ITC .Weekly AnalysisBuy ITC for Investment purpose.Its a Weekly Chart only for investment.not a trading Advice. Strong support of 200 Levels + Trading near Trendline Support of 220 Zone.Longby prashantmedge5
Long term trend-line breakout in ITCWe all know that ITC has been dividing the trading world into two for so long. Some exited in loss, some held it like 'fevicol's ad' and some cannot even tell the story. but, but Why should one buy ITC now when spines are chilled? Reasons: 1. Bullish Marubozu Candle with high volume. 2. Clear Trend-line Breakout. 3. Absorption of all the supply range visible in February 2021. 4. Making Pandemic Era High. 5. Rising RSI @ 56.54 6. DMI crossover with ADX trying to tilt upwards. Precaution: Please do not chase the move right now. Let the stock pullback or at least consolidate. If it does not correct below 233, look for bullish signs for entry.Longby FiringPegasusUpdated 2
ITC case studyITC bearish case study. Rising channel formation with resistance line around 270 levels. Bearish crab pattern formation with prz around 263-270. Elliot wave formation with impulse phase maturity around 272 levels RSI divergence between last two swing high ,, Taking all to gather 263-272 stiff resistance zone,, view gets violated above 277 levels. Counter made entry in resistance zone Not able to sustain and slips down,, First target zones of 240-246 and below 240 Second targets levels of 218-221 by RUDRA007Updated 7712
ShortCover🟢 ITC took support near demand zone of 230 i.e. 50 DEMA too. 🟢 DC25 was defended and stock closed above PDH successfully. 🟢 Last 25M #PriceAction indicates #ShortCovering. Bullish. 🟢 Above 240 stock can fly towards 248/261. #BuyOnDips SL = 230.Longby TradersVenueUpdated 110
ITC Long TradeITC Max pain stands at 240. Good chances of Short Covering after consolidation. Longby CKParkhi113
For Educational Purpose OnlyThis is the chart of ITC in Daily TF And this is for who has build there portfolio for Swing Entry cmp Sl 228 Tgt 1st 246 Tgt 2nd 264 Important Note: I am just sharing my view. Trade at your own riskby mr_lohit1110
itc chart analysisitc chart analysis for intraday and swing trading other info given on chartby TRADINGENGINEER1430
ITC SHORT TERMIf Sustaining above 239 than will see further up move. Major support is at 230-233 levels. Also taking support at 50 Exponential Moving average . Targets are mention on the charts. Ask your Advisor before taking any trades.Longby Easy_Money481
MORNING STAR in ITCIt's basic candle stick pattern formed in Daily time Frame of ITC morning star. Morning star form in down trend and reverse the trend to Uptrend..by siddhxrth_choksi_224
ITCITC is in a zone where it may form a head and solder patter so se may wait for a breakdown.by Pranav_Chelani0
Flag Breakout in 4 hour1. Flag breakout in 4 hour chart 2. Weekly CPR Support 3. Volume Profile Support 4. 50 EMA SupportLongby SURIYAJONESUpdated 5
Ready To Blast...MultiYear Breakout..I think it has done its retest with market trend and saw sharpe sell off in 2-3 days ...... i think it will give breakout to its multiyear resistence ...@265-67.. Next near hurdle is @ 245-247... Looking Good Risk:Reward at this time ...one can go long with small SL... Will It cross its Multiyear resistnace ?...Let me know in comment box ...Whats ur view..Longby Darshaann5516
Long Term Opportunity in ITCGo Long above 239.3 for Targets of 279.5, 319.7, and 359.9 with SL 199.1 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level. 3. In addition to this the stock gave Trendline breakout.Longby Nimish_GhagareUpdated 227
ITC-LongFrom a weekly timeframe, ITC has been making higher highs from Mar-2020 after the long downtrend from 2018. And now has broken trend-line resistance levels with good volumes. Although the close is just above the trendline, looks like a power move breaking the trendline and in this context, this could move up. Target levels marked on the previous S/R levels. Target 3 is the major target I am looking for based on the previous major swing highs, but will need to review price action on the Target level 1 & 2 to decide when to exit. Target 3 is a good Risk/Reward of 1: 3.7 Longby serikarprakashUpdated 0
WATCH OUT For Value UNLOCK in ITC | MARKET CYCLE REPEATSHi Friends, ARE WE READY TO SEE VALUE UNLOCK IN ITC | CAN IT RECLAIM ITS GLORY DAYS ?? All levels are marked on the charts. COMMENTS WELCOME There is a lot of learning and analysis that I would like to share with you through this chart. Kindly switch to Weekly Time Frame for the Broad View and then zoom in on the Daily timeframe for the detailed picture As per my analysis ITC has been in the news for all the right and the wrong reasons, but we IGNORE NEWS as TA and only follow what the CHARTS speak As far as ITC is concerned , I believe is it READY to breakout of its MULTI-YEAR Down Trendline. For now all the signals are right 1. retest of the multi year trendline 2. Breakout failure 3. resting at critical resistance turned support zone 4. Completing of a accumulation phase of over 4-5 months between 200 and 235 levels Few events or technical triggers needs to happen for us to be able to go LONG 1. Sustain above current levels 2. Breakout above the down trendline 3. Breakout above the last swing high Longby FourSTechnicalAnalysis775
itc easy sell opportunityitc is on pefect bearish trend with divergence ..easy 10% profits buy put option or selll calls HURRY....Shortby venkideshappu403662