Get started
ITC LTDITC LTDITC LTD

ITC LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

ITC trade ideas

#ITC Demand Zone An ITC Demand Zone refers to a specific price level or area on a chart where the buying interest in ITC Limited (a leading Indian conglomerate with businesses in FMCG, hotels, paperboards, packaging, agri-business, and IT) is significantly strong. This concept is used in technical analysis to identify key levels where the price of ITC's stock might find support and reverse upward. Demand zones are critical for traders looking to enter long positions at favorable prices.
NSE:ITC
by trad_corn
What's Going On With ITC?NSE:ITC has had a recent de-merger which let to a price decline of more than 5% last week. However the stock was already in a retracement phase as seen on weekly timeframe and it went down all the way to 430 rupees which was the 71.8% retracement level. The current BB range is 400 to 500 which is a 20-25% volatility range in the 3 Standard Deviations. The price is almost in middle of it. It is above the 21 EMA which serves as the basis. The RSI is above 50 and just above the MA. Anything can happen. It can fall down all the way to 400 or it can shoot up all the way to 500 in just a couple of days. I have a buy position already but I need to be cautious and continuously monitor it as the volatility is high. It would be better to monitor it on an hourly basis and focus on the RSI Channel. Once its broken, We can move to a daily time frame and make hold vs exit decision.
NSE:ITC
by jyotibansalanalysis
ITC : In a Buy territory,managed to close above Supertrend today ITC : In a Buy territory,managed to close above Supertrend today although very near to the resistance of 500. Important resistance levels to watch for are 500 and 530 . MACD is positive . The only things that concern me are: The size of the today's Green candle and nearby resistances . ( Not a Buy / Sell Recommendation Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
NSE:ITCLong
by drdevanshu