ITCGX trade ideas
ITC Ltd Long @ Rs 214 or belowNSE:ITC
Entry 214 or Below
Target 258
SL 195
Time: 3-4 Week
ITC is trading in a zone for the last 8 months now it looks Bullish , It has strong support at 200. The supply zone is at 223-229 which is tested so looks week and can be broken by a strong upside movement. if the supply zone is broken successfully then it can reach to 258 targets. Buy and hold for the 3-4 weeks.
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not a trading or investment advice
KUMVAKARNA IS AWAKENING.There is definite sign of life in this boring stock.Everything on chart.Wave B of A-B-C completed.Though have projected BC=AB,I believe it will get converted in an IMPULSIVE UPMOVE along the way and surpass all your expectations. MAKE YOUR MILLIONS. Standard disclaimer:-this is my understanding (check my previous millionaire making ideas,ha ha).DO YOUR OWN ANALYSIS BEFORE JUMPING INTO TRADE.
ITC Chart Analysis * ITC now trading in a uptrend trading channel . When comes down to its lower price bounce and when goes up its upper channel then price rejects . Next target of ITC is 260 to 275 area .
ITC Getting Ready for move.Simple consolidation
Interesting thing is stock is entering into expansion mode. Look at the size of candles in black box & compare it with the previous sizes of candles.
Size is getting bigger & bigger.
Volume activity also favorable
Expecting a breakout soon.
SL at 190-195.
ITC LOOKING GOOD TO BUY FOR MID-TERMOne can buy IT at the current price of 208-209 and add more on dips up to 200 for the Targets of 220 and above until 195 is saved on the closing basis.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#ITC CASH : Looks good around 210-212#ITC CASH - Positional call
05.08.2021
Looks good around 210-212
stoploss 205
Target 224/240
Cmp 215.25
ITC breaking downward trendITC showing signs of trendchange with volume, followed by volume & MACD crossing signal line
SL @ 206, Target @250, 258
ITC (The meme stock of India) at a good place for Accumulation!The Perfect place to go long for a Stock is at dips, if you believe the company is fundamentally robust. ITC is at a place where you can go long at 203-205 levels with a very tight stop loss of 196 with the upside of 220 and subsequently 240 levels.
ITC TRADE SET UPITC the heavy weight and is underperforming and now after taking support n times at 200/205 base zones and now above 208 resistance , it is trying to give signs of upmove greater than equal to 230++
and as results are done , chances are higher that ove shall suatin and stock shall participate in index upmove or atleast support the index going forward
ITC TRIANGLE PATTERN BREAKOUT TRADE!ITC has broken its triangle pattern bullishly. Keep a stop loss at 210 (2%). Keep a target of 235 (10.4%).
Bullish on ITCStock Name: ITC
Pattern: Trend Line BO + Resistance Level + Cup and Handle
Recommendation:
Buy above 216.75
TGT: 228
SL below 208
Note:
Trade according to your risk capacity.
Your Money Your Responsibility
