Symmetrical triangle patternI can see a symmetrical triangle pattern in ITC. I will wait for breakout/ breakdown of the triangle to make position.
ITC trade ideas
itc in a chanel trendNSE:ITC
BREAKOUT OR PULLBACK
ITC IS IN A UPTREND TREND IF ITS A LONG TERM TREND
IN SHAORT TERM TREND
TARGET WILL BE 220
IF THE SUPPORT OF 190 IS BROKEN (NOTE RSI IS POINTING DOWNWARDS)
TARGET WILL BE 170
Bullish on ITCConfirmed Golden Crossover
Retest or trendline breakout is done.
Ready for an up move.
ITC "Udega" Long Trade || Value PickHi All,
As visible, the selling volume is not sustainable. It's a High RR trade! We can see the Doji forming along with a Hammer Pattern on Daily TF! Buyers should kick in soon.
Any questions? Feel free to reach out to us!
Abhishek,
Jago Niveshak Team
Go long with ITCPerfect Breakout -
Its breakout since long accumulation. Now this guy is ready to fly very strong.
In a very short span of time it will touch its target of 265
ITC breakout after consolidationAfter a huge rally ITC was in consolidation for days and now the the consolidation has ended with a breakout with volume.
ITC Multi Decade Rally to beginITC is a retail favorite, however, for the past 7 years, the stock has not done anything. Looks like all that is about to change. Chart is self explanatory. I have shared a monthly chart (log) and have also included Fibonacci retracements on this one.
Triangle Breakout ITC->Formation of triangle pattern in the weekly chart.
->Support from previous resistance.
->Upside breakout.
->Target of 238.
ITC The "Kumbhakarna" is waking up !!!! watchout :)
Weekly timeframe .
ITC Strong weekly close with good volumes.
CMP=262.55 Buy Above265.
Target =325+
SL=255 or as per Your Comfort.!!!!
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations.
Long term view: Potential targets are 335, 650 and 1900 aboveLONG TERM VIEW: Hope the accumulation is done which can be confirmed by breakout above 260 and successful retest of it on monthly chart. Potential targets are 335, 650 and atlast 1900 and above. But if there is a breakout failure then it can test 211 and below levels also.
ITC MONTHLY AND WEEKLY SWING ANALYSIS AND TARGETSENTRY: 266
SL: 251.85
Short term targets in the right side layout.
Long term and bigger view on the right,
The chart is self explanatory please feel free to ask for doubts
Do your own analysis before trading.
All targets are self explanatory in the chart strictly follow the Fibo levels.
Analysis and targets based on harmonic XABCD and ABCD patterns.
DM if any doubts
Personally I feel ITC is a really good company to buy and hold included with my analysis level we can consider a right time to add and hold for good safe long term targets.
Thankyou.
ITC swing/positional trade setupPrice has broken out and retested the multi-year trend line . It has even broken out and retested the 200 EMA . Volume is high. If the price breaks above 270, it could rally to 300 levels.
ITC BREKEOUT ITC can do 300+ this time
itc break long term resistance...
WE SEE a target level of 260,300+....add stoploss of 201....
ITC - THE HIDDEN GEMITC has broken the resistance with Huge Volume. One can go Long with the current price
This is for Educational Purposes Only.
ITC | WeeklyTechnical:
1)Consolidation of almost 2 years.
2)Strong weekly close with good volumes.
3)Momentum indicators are looking good on weekly basis.
Fundamental:
1)Posting good profit results.
2)Increasing EPS.
3)Almost debt free.
4)Healthy Dividend paying company.
ITC BUY for positional trade - Bullish run expectedIn ITC we can see a recent breakout in Weekly Chart with very good volume. An upside above 263 can take the stock around 280-285 in short term. For long term (6 months to 1 year) we can look at target around 310-320+.
A retrace if possible this week then one can accumulate around 250-245 as well.
Stop loss in the trade should be 230 below strictly.
Happy Trading!
ITC has broken the long term descending trendlineITC has broken the long term descending trendline
Targets are given in the chart
LONG TERM TARGET IS ABOVE 600++
TF :5Years+
ITC : READY TO GOMiss the Chance to buy @230 BO Zone , But its okay RunUp is yet to come for better targets
Buy@CMP
TGT - 290
TGT 2 - 320
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
ITC Long term viewIf support zone (189-199) is held we may reach the target 1(249) and target 2(260). Not sure the contribution will be beneficial to NIFTY.
ITC BreakoutITC Broke out after many years hahaha ...... NSE:ITC . I have mentioned in the above chart with targets and stop loss.
Trade safely... This is only my idea... Share your thoughts guyss... Have a good day....
