ITC INR1

Long ITC

trend

In weekly, price at horizontal support as well as trend line support. Also regular bullish divergence seen in daily https://in.tradingview.com/x/QNzcJjZ3/ sl - 256 tgt1 - 290 tgt2 - 318

NSE:ITC has broken its down trend and it seems like the trend has reversed from its support Go long above 271.50 T1 - 280.90 T2 - 294.50 SL - 252.80

Short for Targets of 260/255 SL 273 on closing

Expiry is approaching Let's eat some premium and make some money one can sell 260 PE at 1.25 with 290 CE at 0.55 Max profit 3000 + 1320 = 4320 if ITC Stays between 260-290 at expiry please consult your financial advisor before executing trade

Fundamental - ITC is long underdog post the tax implications. But it will increase the product's price and margin will be same. It won't impact the net profits as people are bound to die eating cigarettes. Technical - It is currently at major support line and made two green candles. We can take an aggressive entry here as there is a consolidation on 23.6% ...

ITC good Stock to buy at current level of Rs.260/- Target Rs.300/- for sure in short term(3 months).

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EMA 12 DAYS has came down the EMA 26 days, which indicates the Downtrend. RSI is also strongly supporting the downward movement of price (shown by blue line and red line).

As you can see in chart, 264 is a very key horizontal support for ITC. Then there is also the rising trendline which meets at this level. Plus we also have the 20 EMA on monthly charts at 263. So those who have a positive fundamental view on ITC or are bullish for long term can consider accumulating around current level.

Have been looking to get into ITC once it come close to 280 or below. I got my chance on Sep 6 and entered Sep at 277. Fast forward Sep 13, the stock is showing weakness and showing tendency to consolidate between 270-275 or possibly go down furhter if it breaches 270 on the downside. Deployed the hedge by selling 275CE. Will be tracking it and updating the ...

Forming an Inverted Head n Shoulders pattern in hourly charts in a downtrend. May be a sign of short term bottom and reversal.

I do not think that its the right time to enter ITC. Most probably it will be in a range between 270-290. Until it break or make from the support line. I did not check any fundamentals or news.

ITC is taking support at 270 - 275 levels and going to break the downward trendline. All the gaps will be filled eventually. So our entry is at 296 with the stoploss of 292. Targets are 304, 310 amd 318. Swing trade.

If ITC Price is below 283.25 .. Sell on Open price at 9:15 IST Keep stoploss at 283.25 Best of luck

We can see short term play of Cup and handle breakout on ITC, target will be 295, and keep the Stop Loss 268! If the 300 level breaks, then we can see a sharp move towards 320!!

Assuming support resistance lines in prices of last week. Can see values moving on Fib scale. Will it go up or a U turn downwards ? span to observe - next 2 days.