ITC in Multi-month BreakoutITC NSE:ITC is moving towards Breakout and you can buy above 455.
Target would be 485
ITC trade ideas
ITC: Long term viewLooks like ITC has done well so if one has to enter in this stock 400 or 355 will be a good place, so I think it has to correct more lets see what happens
Target 1: 400
Target 2: 355
ITC Ltd Intraday level for 24th July #ITC ITC Ltd Intraday level for 24th July #ITC
Buying may witness above 495
Support area 490. Below ignoring buying momentum for intraday only
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
ITC Long term Trading IdeaStock trade in symmetrical triangle pattern that is indecisive pattern we can expect both the direction after it can be bullish it can be bearish as per trade volume and delivery percentage but today, we can see a good volume on day chart with RSI 60 breakout and above 20sma volume. after a two-time rejection of falling trend line stock making higher high and higher lows with a very good volume. after some consolidation stock can go up to the level of 474 that is my first target. and as per day chart it can touch 455 in just a few days. keep that in mind this is a secular stock. Secular stock is nothing but a good and long-term bet stock that is not align with the economy growth.
ITC...Pattern Breakout....BuyFlag breakout...Tgt calculated and posted on chart...Time tgt calculated approximately..as per pattern...So buy..this is a good stock and you get good dividents too...
ITC Limited Intraday level for 18th July #ITC ITC Limited Intraday level for 18th July #ITC
Buying may witness above 467
Support area 462-460. Below ignoring selling momentum
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
ITC-SELLITC- HOURLY-- Hit our 1st 5th wave trg of 464-65.40 and now heading toward fibo support 1 and 2 ( 442-446 ) LONGS TRG 494, 540 as given earlier.
ITCITC (monopoly in cigareete business) given confirmation of W pattern in weekly pattern. it can be a gud buy on this price range. sl will be 420
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FIRST TARGET - 500
Risk reward ratio and probability is only the holy grail in the market.
Dont lose more than your entry reason.
ITC--SELL buy on dipITC- 15 min chart-- heading toward 5th wave 464-65.40 and correction to fibo to support 1 and 2 ( 442-446 ) LONGS TRG 494, 540 as given earlier.
Buy ITC cmp 425.50, target minimum 480, SL-399Fundamentally and technically sound, ITC is a perfect buy looking at overall market conditions which is currently on high valuations. At current price, ITC provides a value comfort and technically this stock has done a price and time correction at the same time. Currently we see that chart is forming Inverted Head & Shoulders pattern on a daily time frame which is extremely bullish pattern and indicates the reversal of downfall and bottom formation. Aggressively buy this stock at 425-430 levels and wait patiently for a minimum target of 480, stop loss at 399.
ITC-BUYfor our long trg of 494 first and 540 second on a smaller scale of 15 min c wave down target is near to 444-446 buy their for a long trg of 5th wave above our 3rd wave is 460 and can extend as breakout of trendline.
ITC--BUYtrendline resistance is at 454-56 range and target of 3rd in 5th wave is 494 and 541 second trg .trail your stops accordingly on dip toward 440 cn be accumulated again.
ITC LTD S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
FMCG SECTOR: ITCrefer chart for details. can give excellent returns. the consumer sector going to provide good returns. can watch Sept or Aug call options.
ITC Limited Intraday level for 8th July #ITC ITC Limited Intraday level for 8th July #ITC
Buying opportunity above 435
Support area 430. Below ignoring buying opportunity
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
ITCVery low risk entry available in itc. buy above 415 only because it is basically in down trend . but volume is gud on last buying candle.
399 will be SL
and the target will be all time high.
only one problem with this stock 200 MA may work as a resistance. first see the price action near its 200 MA.
it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
ITC nearing breakoutITC nearing breakout upside.
Stock shows pattern when it consolidates in a range for couple weeks.
20, 50,100 and 200 EMA comes closer together.
This pattern always give positive breakout.
Fundamentally company products will have higher sales in nearing months.
ITC target 600FMCG major ITC currently trading at 424.90 rupees is going to see a major jump in its share price from the current levels to the levels of around 590-600 giving a return of around 60% from the present levels. The analysis is based on cup with handle chart pattern which can be seen in the chart posted with this analysis. the target will be achieved within this year.
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ITC in sideway zone .. the yellow box is sideway zone.. yellow box is sideway zone. red box is sell zone.. green box is buy zone.. belo green box red line is stop loss level for buy entry.. and above red box green line is stop loss for sell entry
ITC-BUYafter correcting to 425 the script is showing positive divergence in 5 min chart likely range to buy 423-425 for c wave target f 433
ITC U-TURN??ITC might take a U TURN and give a good swing to positional trade with a small STOPLOSS and good Targets
ENTRY - 430
STOPLOSS - 428
TARGETS - 438, 445, 450++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
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