Flag PatternStock Analysis: ITC has formed flag pattern, it is good buy around current level with below demand zone as stop loss for the target given on the chart.
Happy Investing!
ITC trade ideas
ITCITC has probably become the most hated stock in recent times, but chart is telling different story, it appears that the stock is currently in wave 3, and it has possibly completed a long complex correction in wave II of 3rd, and the stock bounced back from the support zone around 200, and finally it has given a fresh breakout of decending triangle or flag pattern with very good intensity of volume, the stock is set to start wave III of 3rd. one can go long at current level or in dips (if any), all the key levels are mentioned in chart with Stop-loss and Targets.
Wave Structure, with channel and key levels
Decending Triangle pattern Breakout
Breakout with Good intensity of Volume, Zoomed View
Weekly MACD Uptick
Daily MACD Uptick
BBC up
Very Good positive Ungali setup
RSI in daily above 60 uptick
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
ITC BREAKOUTITC BREAKOUT on daily chart , and also on weekly chart , what is your view for this ? will it go upside or itc nee to waitmore
ITC LongITC - Everybodys favourite stock is looking set to launch.
It looks like in a overrun bull market , there arent many stocks with resonable valuation and here is where ITC could be in radar of institutions and the buying may start. This is a thesis that could play out.
No a recommedation, No entry.
No of share holders is too high so price movement is very difficult.
Just for observation and learning.
ITC HOURLY CHART Inverse head and shoulder pattern on hourly chart .217 big hurdle if closed above and sustain for couple of days then rally will start . 260-265 potential tgt . if 217 not crossed then it will be stuck in 202-217 range
ITC (1) ITC (D) CMP:-212.65, Very high chance to break out
(2) You can enter with small quantity
after confirmation( break 220) add more.
ITC GOOD STOCK FOR LONG TERM PERSPECTIVEITC now at good support on 200 DMA will show some movement this time.
ITC : getting ready to troll trollers.Consolidation seems to have ended and ITC is ready for next leg of upmove. Important levels mentioned on chart.
My view on ITCITC forming inverse Head & Shoulder Pattern.Above 114.50 should go118-120++ in very short term.Keeping on Radar ITC 115 CE.
itc has given a breakoutitc can be bought for target 214 and 220 , stoploss 204. stock has very low movement but its direction is upward
#ITC #MemesTo all the lovers and haters of #ITC. Just sharing what charts are showing.
Triangle pattern formation on monthly charts and its very close to breakout or breakdown. Probability of a breakdown is low since the markets are in up trend. #Iamjustsaying #Itwasntme.
I have parked my FD money in this, so I have no worries of its future course.
ITC Next week target - 210 -211....SL 203Since last 8 days ITC closing RED....But today's volumes are bit convincing especially last 30mins candle....
My next week target for ITC is 210 - 211....If it sustain at least 2 days then easily we can see 218 - 220 in a week....
ITCITC .. price in triangle phase i just combined with harmonic . if u get a breakout go for buy (breakout point mentioned) till harmonic d point. the sell at harmonic d
ITC LONG TARGETSITC Short Term Analysis With Stop Loss AND Targets
STOP LOSS- 190
TARGET - 222
TARGET - 251
TARGET - 279
Great Time to Enter ITC ?NSE:ITC
Well I think it's the great time to enter ITC
We all see memes and discussion about ITC, since feb2021 the stock is fluctuating between price 200-225/-.
CMP: 205.90
It formed a beautiful Triangle pattern on Daily Time Frame. There is no crossover between 50 & 200 EMA at this prevailing price, but what's the benefit when the opportunity is missed?
Target: 300+/- Sl: 197/-
The above brief was just an Idea I suggest to whoever reading this do his own research and invest. Thank You
shortWorst Share to keep in portfolio
As this share does nt moving any direction and making huge loss for investor
Don't have good management
Nifty headin towards 17000
but investor wre keeping hopes that this will reach 220
at atleast
moving back towards 200, Keep shorting never ever try to buy this
This Completely Shorting stock
Sell on ever 5% rise
Again 217 possibleAgain 217 possible. Currently on support. Price movement possible as shown in chart
itcI break the upper line
then a big target of 224
sell if break the down line,
means for correction.
most probably it will trade in the channel
and the lower support is much stronger than the above resistance
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Long Trade opportunity in ITC LTDThis scrip had been in Rangebound trend for past 6 months and this scrip had broke CPR resistance and now testing that resistance. So high risk trader can have long position in this trade now and have their Stop Loss just below Candle Low or resistance and have RRR of at least 2:1. Iam expecting a moderate bullish momentum in this scrip.
So do analyse on your own and take long position only if you are willing to take high risk as you are entering at a very early stage of breakout, if you are conservative then wait for the scrip to break the supply zone and then take your long position.
