ITC hits 2-month lowITC hits 2-month low; stock down 12 per cent from record high The board of ITC on Monday approved the Hotel demerger, with share entitlement ratio of 10:1 for the demerged entity. Shares of ITC hit two-month low at Rs 441, down 2 per cent on the BSE in Thursday’s intra-day trade. At 11:19 AM; the stock of cigarette-to-consumer goods conglomerate was top loser among the S&P BSE Sensex and Nifty 50, which were down nearly 0.50 per cent each. Currently, ITC was trading at its lowest level since June 13, 2023. With today’s correction, the stock was down 12 per cent from its record high of Rs 499.50 touched on July 24, 2023. by chetnaparmar8333
ITC Looks Bearish ITC Looks Bearish Hedge Position Buy 472.50 CE Near 8, and Sell ITC future Near 469.50, Sl 477, target 460,455,450,445 Time Frame 15 Days Investment Required 35000, Maximum Loss 8000, Profit upto 40000 this is only for Educational Purpose Before taking any Position Do your own analysis.by PrachiMethaUpdated 332
Going Short in ITCPositionally going short in ITC with stoploss of 436 Actual sell price 426 -> downside tracking 383-353.Shortby navinshetty1981Updated 0
WATCH ON ITCITC in a good move after it crosses 395 a big move will be further created. I will be reaching Blue sky zone after that. I am just sharing my vies. For Educational purpose only.Longby dakshb38393
buy itc cmp 201 tgt 220/240itc good trend now back to back break new high upcoming days itc 220/240 very strong resistence Longby technicalSPUpdated 0
ITC LONGReasons and indicators to buy: -RSI above 60 -MACD Crossover -Higher volume than the past 5 trading sessionsLongby Rish_bish_j1
ITC: Divergence led Bounce back ... so far, so good For the big guy ITC Ltd. ... today's bounce back is encouraging ... (233-238) range is where the stock will face supply ... short term traders can take note by Abhijit_Paul3
ITC Best bet for next 3-4 monthsTGT above 250 and max 270 .. Good hold for next few monthsLongby philipakashUpdated 0
Mentorship InstaView 07 Sept’21: Today's low Important Now Nifty View: Intraday volatility makes a comeback as the benchmark Nifty oscillates within a days range of 150 points. At a close of 17,375, the index lost 28 points on a day on day basis and form a beautiful "Doji". Yesterday we spoke about the possibility of an exhaustion gap on the daily charts and keeping in mind today's price action this possibility to be an exhaustion is quite high. Important level to watch for tomorrow will be today's law of 17,300, break below which will definitely infuse selling pressure in the overall market. Please watch the video for a more detailed analysis. Thank you for following my work and please feel free to share your thoughts and suggestions. Trade Well. Trade Wise. 06:56by Abhijit_Paul113
Buy ITC for massive targetsThis share has give a very bullish breakout after a very long consolidation idea is to go long on this share for targets of 240 and 320 levels. Longby anujmehra20120
itc is looks gud on chartitc trade ITS MY VIEW, DISCMALER BEFORE INVESTING IN STOCK CONSULT UR FINANCIAL ADVISORLongby ASFINANACIAL110
ITC (DESCENDING TRIANGLE PATTERN))I HAVE SPOTTED A DESCENDING TRIANGLE PATTERN IN 1 DAY TIME FRAME IN ITC. LETS SEE WHERE IT GIVES BREAKOUT. THANKSLongby THINKLIKEATRADER0
big movement excepted in ITC✌️study purpose only big movement expected in ITC if break 210.55 in fut tgt of 220 soon by dev_chandak0
VSABO#ITC after making a #VSABreakOut on daily charts above 208 did the BO retest and showing signs of resumption of uptrend. Volumes are extraordinarily high. Stock is ready to test 222/233.85. Technically stock trading above all major long term averages. RSIStairs above 55 indicating momentum in bulls favor. Call writers doing unwinding on 200 strike and shifting to 220 indicating immediate upmove to 220 is possible by expiry.Longby TradersVenue0
ITC Long.ITC successfully tested the weekly 20MA. Now gave a Range Breakout. Next Target 222-224. Would attempt a buy near demand zone or Daily 5MA.Longby arpitshivhare200
ITC FuturesITC Futures I am unable to understand the reason why is ITC Futures underperforming because there are so many bullish signs in the charts. 1. The candles in the daily charts have made a patter called triple bottom which means that ITC Futures are supposed to fly but there is a resistance at 212 levels.Next resistance can be seen at 216.10 but the pattern means that ITC Futures have collected a lot of strength here and we should soon see a price tag of 220 / 226 / 230. 2. Divergence indicator in RSI on the daily chart has issued a Hidden Bull sign. 3. There is an ascending triangle pattern on the hourly chart which again is a bullish pattern but RSI has broken the 50 levels downwards so if we see a positive opening and one push with a decent momentum this can be changed to a bullish sign in no time. 4. Daily charts which is a 15m chart is a little scary as the pattern seen is a descending triangle and this is a bearish pattern. It is opposite to the ascending triangle being made in the daily charts but looking at the bigger picture, I get a lot of confidence. One breakout and the pattern can be broken. 5. RSI will form a double bottom if we get a gap-up opening as well. The lot size of ITC Future is 3200 shares. This is a very big lot and you can trade in cash if you are not comfortable to hold such quantity or take such big risks. The stop should be maintained below 201 levels.Longby virralthakkaar1
ITC FuturesITC futures have turned 203 levels into a very strong support zone. We have heard about double and triple bottom which are strong bullish patterns but look at this, the candles taking support for 4 times and this makes me wonder how much strength has ITC Futures gathered now? Can buy (lot is 3700 shares so please calculate risk) at CMP which is around 209.75 with a Stop Loss below 203 and targets of 215 / 220 and even 230+. Time frame can be entire month.by virralthakkaar0
ITC - BEARISH VIEWHi Folks, ITC seems very weak in the chart.. with the recent announcement on the Cigarettes' restriction from INDIA govt. this stock is taking major hit.. Shortby ChandlervUpdated 0