ITC Long oppurtunityITC is currently forming a falling wedge pattern once it breaks out it provides a fresh buying opurtunity
Itclong
ITC long Term SpeculationThe above chart NSE:ITC can either breakout or break down in the future with the future trends.
time frame = 1D
disclaimer: education purposes only
ITCPOS. ADD ITC AT 213/200
UP SIDE WE SEEN 233-255-277+
IF CLOST OR SUTAIN ABOVE 240
SKY IS THE LIMIT
ITC PreparedITC all time favourites of retailers. In weekly chart another break out scenario and heavy volume in last candle and RSI above 60. I'm already bullish on ITC when it's breaked 195 level.
ITC long analysisITC looks like change their trend. RSI already given trend line break out. Price chart given trend line to break out. Key level is 195.55, above this level boom. Good to long time.
ITC long One can long ITC on positional basis as stock is strongly holding above its resistance of 200 zone. Once stock manage to cross previous swing high which was sub 210 level on closing basis then stock can move towards 260 levels.
Stop loss should be placed near 192 levels.
ITC BULLISH DEEP CRAB - NEXT TARGETS MEANTIONEDPRICE HIT EXACTLY AT HARMONIC POINT AND REVERSED - SNIPER ENTRY
ITC - trend change probability on cards#ITC - Stock is in the process of a trend change, keep it on your radar. Move above 173, can see fast move towards 187 -190 levels.
Accumulation zone 163- 170.
SL few ticks below 163
Trade type: Swing, and can covert into positional as well.
**Trade at your own risk
itc is a good buy from these level buy itc for for target 202 203
support is 196.2 195.75
or extension level 206 209 211
ITC took Strong SupportITC has taken good support and rallied... buy buy buy...
if you are not willing to buy in futures take options =>buy 215 CE sell 225 CE ...
expectation is it will reach 225 so by that time expiry comes in and you can eat premium of 3200
maximum loss is 5500 if it starts falling down to 195 then sell one more 225 CE you will loose around 2k-3k which is nothing
I bought 215 ce at 2.65 and sold 225 ce at 2.65 already at 700 profit...
I think ITC is a good dividend yield company and holding it will give you 5 to 7% profit i dividend yield itself and if it rallies that is extra... so buy in stocks if you have money
ITC BullITC has consecutively faced 2 rejections and now it has taken a support at the fibo level. ITC Dividend news has given it a boost up and the last candle has ended with a hammer. Expecting a bull run from ITC - My alltime trustworthy favourite stock.. Note: I have the right to be wrong.
ITC BULLISH CAN GO FOR LONGITC has give bullish engulf and one can go for long. The entry idea and the stop loss and everyday intraday trading ideas are given on our tellegrammm channnel UG MARKET. Do your own research before taking a trade.
Clear Down is Vissible upto 179A) 1, 3, 4, Reacts as a sign of Good up movement/ uptrend
( reverse of Rs.179.00 will be a good take off for the
breakout of Rs. 199.00 and the target will be around 220 for shorterm)
B)No. 2, 3a reacts as a continuous downtrend
(if the above fails the price will react at Rs.170 then it will expected
to go down or otherwise it will confirm the next clear trend at around Rs.190.00)
* NOTE- THIS IS MY PERSONAL ANALYSIS AND IT WAS POSTED FOR KNOWLEDGE SHARING BASIS
Clearly this is NOT FOR ANY KIND OF SUGGESTION TO BUY OR SELL.
ITC rally may halt near 220 levelsNSE:ITC which is in a downtrend in monthly timeframe is currently retracing its excess fall.
But this rally may pause near 220 levels.
ITC LONG highest vol in nifty index stock in been trading on high vol in nifty 50
bullish engulfing on daily 1:2.6 trade
as nifty 50 index is looking bullish for new all time high buying some high vol stocks in nifty
