ITC trade ideas
ITC ABOUT TO BREA OUT MONTAHLY TRENDITC is about to break monthly trendline. RSI looks positive . we can enter if it breaks and retest the line.
Defensives' are in spotlight.
NOTE
1. PHARMA index is about to breakout. ( Due to defensive play)
2. REALITY INDEX has been upside . ( under values stocks are bought and expensive stocks has been sold)
3. Good MONSOON is good for ITC. ( buying due to good results on the way)
4. their has been some sectoral rotation , might be INDEX BALACING. ( ITC is undervalued also weightage is high in nifty index).
All above points show some good traction in ITC buying.
although One should avoid treading but put option selling might be beneficial if bought with hedge.
ITC 4HOUR CHART ANALYSNSE:ITC
Hi helo vanakam.....
In this post, I would analysis ITC company in India stock market....
Market will small corrective in4 hour chart now a time.
I plotted a 2Torget in 📊chart...
So wait for correction after go to entry peoples
Important notice:
This is only education purpose
Not for decision taking,
Trading or investment is your own decision with your own risk....
ITC ViewLong ITC at 209
SL 197
Final Target -240
Book at interval of 10 points.
For Education Purpose Only
ITC - SAFER AVENUE - BETTER RISK REWARDVIEW :-
CLEAR BO ON THE MONTHLY CHART & FORMING A UPWARD CHANNEL, LESS TO LOOSE FROM HERE, SAFER BET
SHOULD BE PART OF ONES PORTFOLIO
DISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
ITC Long BreakoutITC is trying to give a breakout in Day time frame. Can buy above 218. Levels are on the chart. Do your own analysis before investing.
ITC swing trade analysisAs per my chart, we are at a resistance in ITC. If we are able to confirm a support above RS. 240, then we can buy ITC and our Take Profit will be RS. 267. If this Rs. 240 is not able to hold, then we might see a dump till RS. 220 which will act as a support for sometime.
itc target achieve itc achieve target 😍.
always take positon. before stock going up and down because the real money is earned when you find a position before.manager always takes a position in the stock before people know. And when the public is interested one those stocks they sell his position and make money.
ITC can have a long sideITC can have a good long run. Time duration may be around 2 months. Target and Stop loss are mentioned. Wait for a good volume to get the breakout.
This is purely for educational purpose and I don't encourage anyone making this trade.
NSE:ITC
ITC MORE UPWARD TREND?IF ITC BREAKS 245 decisively then more upward is ecpected. do your analysis before taking this trade
ITC ChannelThere is breakout in ITC nr support and 200MA
Very likely to reach previous high.
Target 240
SL 204
Late night Technical analysis talk I have sort listed some stocks for you guys this is all for educational purpose :)
ITC Long Position in CashITC is has created a symmetrical triangle after falling in COVID Crash and currently resisting at around 240, which is near to falling trendline resistance on the monthly candle bar.
Considering a long consolidation of the past 6 month has created a strong base of buyers.
If stock retraced around 215-225 then, buy in small quantity till to 245 will be a good investor move.
Above breakout of 240-245, buy-on dip should continue till all-time high breakout.
Above all time break out, conside a TGT fpr 600-630-650 as profit booking zone.
Time is not considered but since, all stock had bull run then ITC, possibly a new high of CNX Nifty could come with support of ITC.
itcITC a break out is not looks up to the level if price action weakens hear than can see reversal on cards
ITCITC is giving simple trendline breakout, today's closing is vey crucial for the stock... if closing is above the trendline - we can expect some retest towards the trendline and the stock will be overall bullish.
***** PLEASE LIKE AND COMMENT YOUR VIEWS AND FOLLOW *****
ITC is going updatrandingAs per today's observation, ITC has crossed its Breakout and is ready to go upside with a positive note, As far as the company has invested in new business in August so I can predict this is being impacted here moreover less. So here could be a good opportunity to buy this stock for the swing purpose.Thanks for reading this one.
FOR LEARNING PURPOSE ONLYBoom 💥 Ready To Fly.
Weekly Breakout + Broken 2021 High.
If You Like The Analysis Please Do Like And Follow For More 🙏
Time has come for ITC to Roar ???ITC has broken out important level :)))
Next Targets : 252
beyond 300 possible in near term to mid term
NSE:ITC
ITC SHORT FOR TARGET CMP 235 231- 226- 222- 218- 212- 208+ SLITC Short CMP 235
Targets 231- 226- 222- 218- 212- 208+
SL above 240
BUY ITC CMPBuy ITC cmp tgt 227++
This has show strong support between 200-210
Long Term can look into this for buy...
While Traders can buy above 215 closing basis of 3 days for tgt of 227-250++
Happy Trading...
