First Resistance:- 502.2 Second Resistance:- 505.7 Third Resistance:- 507.9 First Support:- 496.5 Second Support:- 494.3 Third Support:- 490.8 Daily Avg. Delivery Volume % 20 Aug, 2024 Week Month 57.0% 53.7% 51.9%
refer chart for details. can give excellent returns. the consumer sector going to provide good returns. can watch Sept or Aug call options.
The company has declared the demerger of the Hotel business making the value unlocking. Also the global export in agri business is expected to have a greater boost with the war and flooding situation in middle east will boost the revenue and prices. Above mentioned targets can eb achieved short to medium term.
NSE:ITC support and resistance for upcoming days. It may take upside move if price break and sustained above resistance of 334.40. Afterwards Can buy for next target of 339.90 and 344.45 Note: This is my personal analysis, only for learning.
short itc till - 253, TARGET 1- 282. i know itc is great, and given great returns this year. but it has completed its waves and now its yet to fall, with a 3 wave correction. check the volume bars too, it has come to same volumes which were earlier(before corona movemets). i feel such that we can take short positions, but if there is still an upward movement...
Long Above - 315.70, T1 - 321.85, T2 328.10, T3 - 338.80, T4 - 350.20 , T5 356.25, T6 362.70...... SL - 295 Short Below - 288.50, T1 - 284.45, T2 - 280.95, T3 - 271-269, T4 - 258.75, T5 - 252.50, T6 - 246.30....... SL 306.20
The stock has crested a good base at the level range of 204 levels. As you can see the stock has taken support around this area and moved upwards. It reached a high of 265 levels before crumbling to huge selling pressures. The stock is trying to make its way back to the top. I have presented my views on the chart with levels that can help you take your...
A symmetrical triangle formed accumlate in between 200 to 225 in SIP mode for the Targets of 375+ And make a sl of 198.
We have witnessed a remarkable move in the ITC from 200 levels to 265 levels 😍 in the past few months. Though in the last week, it has fallen about 12 %, that's a huge number 😲, ideally which an up-trending stock should not witness. Though it has good support around 230-232 levels, if held, then chances of moving upwards would still be there on the cards...
This analysis is based on purely technical perspective with a Bullish bias primarily based on Fibonacci levels and support/resistance model. ITC has been grinding up slowly on Daily since the low of 134.6 from last year and is currently forming a Bullish Ascending Triangle as shown in the chart. Also the price has tested the broken support zone twice and...
ITC Short Term Analysis With Stop Loss AND Targets STOP LOSS- 190 TARGET - 222 TARGET - 251 TARGET - 279
This is the EW Wave counts based on Monthly time frame log scale. (1) See how the Magenta Trendlines are driving the prices. These are long term and solid structure contained within the trendlines. Lower Trend line provides the support and the upper trendline provides the resistance. (2) Waves counted in in Red shows major/monthly elliott wave cycles. Waves in...
ITC Forecasting for Positional Trade (Trade Duration-7 Days to 20 Days ) (Daily time frame chart used) If you want to make good returns with less risk then you can enter around 186-190 with stoploss 180 for the Target of 200/208/238 why you should ? 1.Positive RSI divergence (you can refer my previous post of ITC ) 2.Change in polarity with Good Volume 3.Trend...