ITC analysis for 16th April 2020Go long on break out of highlighted blue zone for safe traders...Others can wait for price to bounce upto 186.7 levels for strong support to bounce back to target..
ITC
ITC Elliot Wave AnalysisLooks like we are in complex correction.
Looking at the wave structure we seem to be in Y wave of WXY formation.
Look to take a short position at 170
SL 176
Tgt 140
ITC - GO SHORT FOR A RR OF 1:3 BY APRIL 7, 2020ITC - GO SGIRT @ CMP WITH A SL OF 176 AND A TARGET OF 113. TARGET SHOULD BE ACHIEVED BY 7 APRIL 2020
ITC In Its Accumilation ZoneNSE:ITC
ITC In Its Accumulation Zone.
Stock is trading in its previous Accumulation Zone. Rang of this area is 126.15-161.25 ITC will Show strong move above 161.25 in coming days.
One can Keep Consider this stock for positional with SL at 81.9
ITC - BUY FOR A RR OF 1:9 BY 9 MARCHITC - BUY @ CMP WITH A SL OF 192 AND A TARGET OF 240. TARGET SHOULD BE ACHIEVED BY 9 MARCH
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
ITC Looks like a good entry for BUYITC Looks like a good entry for BUY with a pin bar at the base of the lower median line parallel of pitchfork
ITC - Good Opportunity to BUYAs long as price stays above 241, Uptrend in Daily timeframe is intact and one can BUY at 247 - 248 levels and accumulate further above 250 to 255 levels
Looks like the ITC Bottom might be in Vs BTC - IoT ChainAfter ITC finished it's last incredible nearly 4x pump, it fell all the way to new lows vs BTC, however it is still well up vs the USD.
ITC looks primed for another pump.
I wouldn't be surprised if we saw 4200 sat over the next couple of weeks.
If you are going to put a stop loss in I would say at 1380 sat.
If you want to look for a lucky buy in (which you likely won't get) 1650 sat
NIFTY 50 INTRADAY TRADE SETUP FOR 19 SEPTEMBER 2019Here is my trade setup for NIFTY 50 index for Expiry day 19th September 20419
ITC USDT Still Sitting On Upwards TrendlineFor those that FOMOd in at the top, and have not bothered to zoom out a bit, things might look bleak for ITC, but ITC has not even fallen below the ITC USDT trend-line yet. normally this would be the time to buy.
I see some similarities in the trend-line, and RSI patterns from earlier pumps. During this trendline.
RSI is showing a bullish divergence from the price trendline.
The massive increases in overall volume through this month make me think the trend will continue, at least until it stops, which it has not yet.
Previous shorter term targets have already been met, however I feel we still have a long way to go.
.518
.5737
.6220
.7694
.8631
1.3677
1.9734
3.2443
Previous all time high was $9.57 it is possible it might exceed this long term.
Will The Uptred Continue for another 400% ? It's possible.ITCBTC has pumped near 400% since I said the first pump was coming.
Eventually it seems the FOMO went into overheat and there was a nice bubble formed on the existing trend line which has popped.
I am starting to see signs of this drop slowing down and a return to the trendline.
Medium term target is still at 20 000 satoshi. Beyond that, possibly higher. Time will tell.
If you wanted to put a stop order in I would suggest sub 5500 sat, however I won't be using one, sometimes ITC does fingers down that might trigger them just before a pump.
