Turning Bullish: ITCITC has been underperforming for a year
price momentum seen in Daily charts.
Can enter for a short-term target of 480 levels.
Long-term target of 580 is intact considering the intrinsic value.
ITCGX trade ideas
ITC's Key Support & Resistance: Trade Smartly!Current Scenario:
• ITC is currently trading at ₹429.05, showing signs of consolidation.
• The stock has tested the support level twice (T1 and T2), indicating strong support around ₹402.90.
Key Levels:
• Entry Point: ₹416.25
• Stop Loss: ₹402.90
• Target Levels:
• Target 01: ₹437.90
• Target 02: ₹444.70
Analysis:
• The stock is forming a pattern where it respects the support level, which could be a good opportunity for a bullish entry.
• The previous low and support touches suggest that buyers step in around these levels, providing a safety net for long positions.
Trading Strategy:
• Bullish Scenario: Enter at ₹416.25 with a stop loss at ₹402.90. Look for the stock to move towards the first target of ₹437.90 and possibly extend to ₹444.70.
• Bearish Scenario: If the stock breaks below the stop loss level of ₹402.90, it might indicate further downside risk. In this case, it’s advisable to exit long positions to prevent losses.
Conclusion:
• ITC is showing a well-defined support and resistance structure, offering clear entry and exit points.
• Traders can leverage these key levels to strategize their trades effectively, minimizing risk while maximizing potential gains.
Keywords:
• ITC Stock
• Technical Analysis
• Support and Resistance
• Trading Strategy
• Entry Point
• Stop Loss
• Target Levels
• Market Analysis
• Stock Trends
ITC is ready to break outFMCG sector after continous down fall, now it is getting ready for up move. Once ITC retest its support level 424, you can think for entry into it with 1st resitance in upper side 432
ITC with strong supportHi,
Today i brought ITC for you with below details
- long support line
- inside bar candle
- Volume picking up
- this can be trade with small risk and high returns
- there are multiple resistance also exists
do subscribe to my channel for updates
ITC Technical Outlook, Support Broken with a strong momentumToday an important support of 423 has been broken with a strong momentum having RSI below 40. The price could test the next support level of 414 and if broken then we go for 400.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
What ITC has done so far ? do you know ?Well I have met many Jokers in this platform , who claims so much of victory but have no idea what is happening in the stocks / Indices
They still continue to claim their indicators , Telegram Channels ( Message in Private Box ) , and etc etc and retail usually follow them only to end up getting loss
I had to make this above statement particularly one individual is very irritating me with various methods , i am letting it go ignoring so far
Regarding Scrip , ITC so far have made its move up as 3 wave impulse and have corrected in the pattern of ABC as sharp corrective pattern Wave 4
by which it meets the Guidelines set or advised by R N Elliott as alternative moves of sharp and side ways ( wave 2 is side ways so the wave 4 will be sharp )
Now i am looking for a strong reversal basically on daily then followed by weekly , apparently its still not showing a sign of strong reversal daily
for safe entry and long term prospective one can wait for weekly strong close , because the room to down side is still at large it can come down or it might reverse
at any given condition it must not brake the low of its last impulse leg
So people please wait for strong close on weekly and take a safe entry for next move up
Good luck
ITC Limited Price sustaining above the support zone and 50 EMA on Weekly Timeframe. Also, a big rejection near the EMA in the last week with pretty strong volume.
A good example of low risk high reward trade.
ITC | Next Target 480Rs / 500Rs | T.A (Follow For More..)According to me if ITC breaks the Level of 445Rs in the upcoming days and closes the 2 bullish candles above the 445Rs price zone. So, the next 1st Target is 480Rs and
the 2nd Tagart Level is 500Rs.
Why? I'm Telling this!!
> Because BJP is won.
> The financial budget is coming soon. and I am pretty sure
financial minister talking about ITC.
> After the 4 June dump the stock fully recovered in just 2 Day's
So, After knowing this all things there is one think is confirm is ITC have lot's of bulls Volume
For Future UPDATES Follow and Give se Boots
So, I will time to time update you.
CHANCES 500 ITC SHARE PRICEHi am looking in the ITC share cmp 436 is daily and weekly candle and moving average also going to up side . Now I am predict 500 target
ITC looking good again ready for new All time high Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
ITC, Uptrend intact post results. NSE:ITC
ITC in uptrend, possible target shown as 4th june is the ex-date for dividend and the results were not so bad, only the agro business is showing some loss.
ITC - SellIn last few days and weeks we are seeing market rewarding companies with good results and gap down or sell in companies coming up results not matching expected results and punishing if negative results or with lower guidance. Not sure what is the guidance but Q4 results are lower as per data in leading news channels. More over in chart as well price is ready for next fall and ITC has not supported the Nifty in last several days. I think its sell in ITC or else book profits in case of a rally due to Nifty spokes and any positive opinion on future guidance. Sell.
ITC: Will reward investors soon !!!ITC: When Noone seems to be Interested and all Negatives Around, Time Cycle Points towards a Rise from the Ashes. 🔥🔥🔥
BUY at cmp SL weekly closing below 380
Upside: 450/500+
Horizon: 3M
ITC (SILENT GIANT) FOR BIG RALLY ITC
Looks good in Parabolic uptrend pattern.
Tgts expected
Tgt 1 : 500± (Short term)
Tgt 2 : 518±
Tgt 3 : 595±
Tgt 4 : 650± (Longterm)
Tgt 5 : 725±
Tgt 6 : 765±
Shared it for educational purpose based on chart pattern and My STUDY on Parabolic Trend.
ITC is coming back!Last year's hero has been underperforming this year but now seems to be getting back in the run up.
ITC, Weekly Review | Trend Positive | Strength MediumThe nature and degree of separation in both bands indicates the price could resume its uptrend. On the upside the range of 10% could be tested. And on the down side the range is 9%. For a positional trade the level of 416 can be used as a stop loss and for target the level is 480.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
ITC_Rectangle Box PatternA rectangle pattern breakout happens when the price breaks above the upper horizontal line of the rectangle, indicating a potential upward movement. Traders often consider this breakout as a signal to enter a long (buy) trade.
Breakout Strategy: Enter a trade when the price breaks above the upper line of the rectangle pattern. Place a stop loss below the lower line.
Retest Strategy: Enter after the breakout, wait for the price to retest the upper line (now acting as support), and then place a buy order. Set a stop loss below the retest level.
ITC - Positionally it is bullish trendAs per the chart, movement, volumes
we can be concluded that stock can be move towards 440-445 in days
ITC BAT pattern 48 days EMA line has broken.
if falls continue next support 393
370 strong demand zone and 52 week low.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
