ITC India is bullish and the top performer in the Nifty for 2023. Now in a pullback - obviously everyone is thinking about how to get in.
ITC results were outstanding and the street has high targets. However buying at Life highs is fraught with risk - so how to do that successfully is what this 2 min video is about.
Disclaimer - I am long ITC and looking at a...
Friends I have Chosen 4 Heavy Weight Stocks With Good Price Action.
1. ITC
2. HDFC BANK
3. TATA STEEL
4. HDFC
Stop Loss & Target Is Mentioned In The Chart.
Cheers,
priceNpedia.
this is the Gann Box Strategy. crossing the 50% level and then 61% level is very important for any stock see in this video how after crossing the 50% and 61% level it gave a sharp rally and then again it kissed the 75% level... but if you go back to the chart previously when it rejected from a high of 300 it was actually 61% level which was not crossed and as such...
Today I have covered the big buzz stock i.e. ITC.
In this analysis I have covered ITC in weekly & monthly Time Frame & tried to explain the overall structure, till now, including the possible movement of ITC Long term & short term view .
I hope you guys do like the analysis, if you are facing any doubt then please drop me comment I will try to explain further....
ITC is making higher highs and making Ascending triangle, if it retest upper supply zone we can make entry.!
ENTRY- 267
SL- 245
TARGET - 287, 308.
Addon dips till 255 level.
Do like if you love it so that i can add more!
for long side trades in intraday:-
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before...
