#ITC Super breakout from ascending triangle pattern#ITC Super breakout from ascending triangle pattern Good uptrend; Price above 50 and 200 EMA Entry - 515-520 Target - 550, 570, 580 Stop Loss - 1:2 ratio Support Levels: ₹510 ₹505 ₹500 Resistance Levels: ₹520 ₹525 Longby EmpireCrown5
ITC 1HRSWING TRADE TRADE FOR OPTION BUYERS.. - EARN WITH ME DAILY 10K-20K – ITC Looking good for upside.. When it break level 512 and sustain.. it will go upside... BUY@ 512 Target 1st 517 2nd 526 FNO ITC SEP FUT – LOT 7 (Qty-11200) ITC SEP 505 CE – LOT 7 (Qty-11200) – PRICE (13.70) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert.. Longby Prashant019Updated 2213
ITC Ltd.- Stock Analysis ITC Ltd. is currently trading at around ₹509.9, up 1.6% from the previous close. The stock has shown positive momentum with a high of ₹512.85 and a low of ₹503.80 during the day's session. Analysts maintain a "Buy" rating, with a median price target of ₹545.5, suggesting a potential upside of approximately 7% from current levels. The price targets range from ₹400.0 to ₹585.0 for the next year. The increase in futures prices and open interest indicates a potential for further upward movement, which could make it an attractive option for investors in the near term Disclaimer: I'm not a financial advisor, and this information shouldn't be taken as financial advice. Always perform your own research or consult with a professional before making investment decisions.Longby shivtoshiva20224
ITC Limited (ITC) - Near Breakout ITC Limited (ITC) appears to be forming a Cup and Handle pattern. This bullish pattern suggests a potential upward breakout after a period of consolidation. The target price is around ₹550, and a stop-loss can be placed below the handle at around ₹500. Please note: This is a potential trade setup based on technical analysis. Always conduct your own due diligence and consider risk management before making any investment decisions.Longby supertraders_india13
ITC technical analysis Range breakout and flag & Pole pattern formation. Kindly do your own analysis also. Longby BasicTrade072222
Short (OI) Buildup in ITCHello Traders, As we can see the whole Trading session ITC failed to Sustain above 510.65 levels which is the strong resistance in ITC now. & the data says very big short positions has been created in ITC. Be aleart It can reverse at any given point of Time. Thank You PrinceShortby Princetechnicals3
ITC - Symmetrical TriangleITC - Symmetrical Triangle Name - ITC Pattern - Symmetrical triangle Timeframe - Wkly Status - Breakout with good volume Cmp - 501.9 Target - 602 SL - 463 Fundamentals : ITC Limited is a diversified conglomerate with strong fundamentals. Here are some key financial ratios and highlights: Key Financial Ratios Price-to-Earnings (PE) Ratio: 30.861 Price-to-Book (P/B) Ratio: 8.821 Debt-to-Equity Ratio: 0.0011 Return on Equity (ROE): 28.69%1 Net Profit Margin: 26.13%1 Enterprise Value to EBITDA: 18.171 Highlights Profit Growth: ITC has shown a good profit growth of 16.15% over the past three years2. Return on Capital Employed (ROCE): 36.42% over the past three years2. Debt-Free: The company is virtually debt-free with a healthy interest coverage ratio of 347.532. Strong Margins: ITC maintains high margins, with an EBITDA margin of 36.76%1. Business Strengths Diverse Portfolio: ITC operates in various sectors including FMCG, hotels, paperboards, packaging, agribusiness, and information technology3. Strong Brand: The company has a robust brand-building capability and extensive distribution network. Sustainability: ITC has a good ESG score relative to its sector4. These fundamentals indicate ITC’s strong financial health, profitability, and growth potential. Are you considering investing in ITC, or do you need more detailed information on any specific aspect? Pattern : A symmetrical triangle pattern is a common chart pattern in technical analysis that indicates a period of consolidation before the price breaks out, either upward or downward. Here are the key features: Structure Converging Trendlines: The pattern is formed by two trendlines that converge towards each other. One trendline connects a series of lower highs, and the other connects a series of higher lows12. Volume: Typically, volume decreases as the pattern progresses, indicating a reduction in trading activity and volatility. Interpretation Neutral Pattern: The symmetrical triangle is considered neutral, meaning it can signal either a continuation of the existing trend or a reversal, depending on the breakout direction. Breakout: A breakout above the upper trendline suggests a bullish move, while a breakout below the lower trendline indicates a bearish move12. Trading Strategy Entry Point: Traders often enter a position when the price breaks out of the triangle with increased volume. Price Target: The price target is typically estimated by measuring the height of the triangle at its widest point and projecting that distance from the breakout point. Stop-Loss: A stop-loss order is usually placed just below the breakout point to manage risk1.Longby VCharts_TA1
Ready For a Rocket Move "ITC"Stock is near all time high and trading in range. If stock gives breakout of this range we may see a up move towards 550 price. Entry - 511 to 514 Target 1 -552.20 Stoploss - 493.75 This is not a buy or sell call, analysis is shared for educational purpose.Editors' picksLongby ketan_sartape44245
ITC A Money MachineHello Traders, Sabka Pyaara Sabka Chahita Apne ITC se nazar mat hatana, Keep an eye on the Mini bull, Sector is performing well & the Leader is Just near Breakout zone 510. Monthly RSI > 60 WEEKLY RSI > 60 & Daily is Taking rest at 60 zone. Can Give the Big Targets in coming Months. Education Purpose Only Thank You PrinceLongby Princetechnicals3
ITC - ATH breakoutITC ltd is ready for next move. This stock has been in most of the portfolios. Company is looking to demerge its hotel business from consumer business, which is positive on the balance sheet. One of the leader in the industry. I am looking 600 target in next one 5-6 months. Potential 1000 target in next 2-3 years is intact. Buy in every dip. I have been holding this stock 200 levels and have tested my patience a lot. Please do your own analysis before taking any trade Happy Trading..Longby Stockiist11
Long on ITCLong on ITC. 3:1 Reward: Risk. Good vwap contraction and getting ready to breakout. 530 is my target.Longby Trader_SSD3
ITC Forms Ascending Triangle PatternITC's ascending triangle pattern suggests that the stock is building up bullish momentum, with a breakout likely to trigger a strong upward move. Traders should monitor the stock closely for a breakout above the resistance level, as this would confirm the pattern and potentially lead to a significant rally. Patience is key as the price approaches this critical juncture.Longby indaytrading11
Buy ITC for a target of 550Buy ITC for a target of 550 in one month. Stock breaking out on higher time frame, can be added to portfolioLongby mu88175
ITC cup & handle / parallel channel breakout view-the stock has formed cup and handle formation and parallel channel breakout in weekly chart. This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before. in.tradingview.comLongby johnjen20885
ITC Flag & Pole patternThe stock has formed flag & pole pattern on the monthly chart. One can enter above 511 with a strict Stoploss of 422 Target 1 - 599 Target 2 - 640 Target 3 - 697 All levels are mentioned in chart. #LONGTERM TRADE #FUNDAMENTALLY STRONG STOCK #ITC What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.Longby JJJ-55510
ITC 15m BreakoutITC formed a trend line with multiple touch points and with 1:1 Ratio it can be tradedLongby JoasshUpdated 3
ITC struggling to stay on high zone area 2024.. As per gan High low calculations. Still target for this year is open. Target 1. 510 Target 2. 560 For a longterm, it has recent consolidated at 400. So we can consider for the target of 900 long term minimum further swing can be extended to 1600by justinsj2
ITC reverse poll & flag pattern formationITC is forming reverse poll & flag pattern. Whichever side it breaks will generate good momentum. In most of the cases it's upside but you never know if that triangle breaks down side, it can give good selling pressure there too.by ashishhcUpdated 3358
itccmp 488 buy 500-520 target 543 - 8% sl- 475 600 - 20% 625 - 25% if the price brakeout 500 level with good volume and bullish candle so we can go for buy Longby hiteshnamdev20052215
NSE:ITCITC has just shown a highly probable bullish flag breakout. A good entry level for 1.68 target Longby billpramodUpdated 114