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.
ITCGX trade ideas
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.
ITC - Looks StrongFor long time ITC is Bullish and its in Bullish Flag pattern right now. Inside the flag area it has formed a support and its having minor resistance - R1, R2, R3, I think once these levels taken it could give spikes on upside which will support Nifty
ITC UpmomentumItc potential momentum.
This is just an observation not a recommendation. Its only if the degree of momentum continuous the targets can be achieved.
ICT- 4 ITC HAHA ICT=ITC anagram...
ITC currently has iCT concepts in play and I am expecting a target of 456. The first FVG formed around 412.. sadly I missed the entry. A continuation FVG formed at 423 where I have entered and am expecting 456.
ITC earnings can create volatility but set up is solid and concepts are in play
Yes price action has already happened but this is just to show you a new perspective of the market and how these concepts work.
Keep it Simple
ITC long term [ 6 Months]The stock market is abuzz with the recent bullish run of ITC shares, sparking interest and speculation among investors. This analysis delves into the factors driving this surge and explores potential implications for traders and stakeholders.
EMA 200 - Crossing
Mutual Funds holding - Dec 2023 -9.66% June 2023- 9.17%
Target 1- 455
Target 2- 480
Target 2 - 525
