ITC in Channel (Weekly trend)ITC hit the channel bottom and now in trend reversal in lower time frame. Hope to hit 275 Mark to complete 1st target.Longby GVK85Updated 9
Buy Opportunity for Swing and Short Term TradersITC now on uptrend pattern : for swing trader can buy : 430 target 1 : 445 target 2 : 460 for short term trader can buy : 430 target 1 : 460 target 2 : 480 onwordby krishnabarkule6
Consistent Compounder, Portfolio Stock looking to rise ITC.ITC Ltd. operates as a holding company, which engages in the manufacturing and trading of consumer products. It operates through the following segments: Fast Moving Consumer Goods (FMCG) Cigarettes; FMCG Others; Hotels; Paperboards, Paper and Packaging, and Agri Business. The FMCG Cigarettes segment markets and sells tobacco and cigars. The FMCG Others segment distributes packaged foods, clothes, school and office supplies, safety matched, agarbattis, and personal care products. The Hotels segment manages and operates hotel and restaurant chains. The Paperboards, Paper and Packaging segment produces and supplies specialty boards, graphic boards, and printing papers. The Agri Business segment exports feed ingredients, food grains, processed fruits, coffee, and seafood. There is an active news of demerger of FMCG and Hotel business which can be favorable for the stock. It is a high Dividend yield stock with dividend yield at CMP being 3.6%. CMP of the stock is Rs. 433.4. The Negative aspects of the company are high valuation PE(26.4). Positive aspects of the company are strong cash flow from operations, MFs and FIIs increasing stake, growth in revenue and profits and Its being a company with Low Debt. Entry can be taken after closing above 437. Targets in the stock will be 446, 453 and 465. Closing above 466 will activate long term targets of 471, 490 and 499+. Stop loss in the stock should be maintained at Closing below 424 or 400 depending on your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.Longby Happy_Candles_Investment8
ITC long term viewITC view for long term... Expecting buyers above 444 Stop loss area below 399 Charts for Educational purposes only. Not a trading recommendation. Thanks V Trade Pointby vichithra1119
Buy ITC@ 440 avg@360 TGT 740/1105 sl below 260The 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.Longby Adi_tech6
ITC on the ChartsITC: Coiling Up for a Potential Breakout? Long-Term Bullish, But Near-Term Watchlist ITC has been consolidating within a range for a while, suggesting a period of indecision between buyers and sellers. This sideways movement could be a precursor to a breakout. Long-Term Outlook: The long-term picture for ITC remains bullish. The company boasts strong fundamentals and a consistent dividend track record, making it attractive for long-term investors. We can expect to see much higher targets for ITC in the future. Key Levels to Watch: Support: The recent lows around ₹370 act as a crucial support level. A break below this level could indicate weakness and further consolidation. Resistance: The upper end of the consolidation zone near ₹480 represents a potential resistance level. A clean break above this zone could signal a fresh breakout. Trading Strategy: Bullish Scenario: If ITC holds the recent lows and breaks convincingly above ₹480, a long entry could be considered. This breakout would suggest a continuation of the uptrend. Remember: This analysis is for informational purposes only and should not be considered financial advice. Conduct your own research before making any investment decisions.by Tradingshiksha4
ITC INTRADAY TO SWING ITC might give a good INTRADAY to SWING trade with a decent stoploss and good Targets ENTRY - 426.5 STOPLOSS - 423 TARGET - 436, 440++ 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 Please like or boost my idea if you like it or traded it ThankyouLongby chaitanya16922
Baap of blue chipsTaking position With stop 399 Consolation over with breakouts Longby UnknownUnicorn24085472Updated 10
ITC WEEKLY ANALYSIS Itc share weekly analysis . current time itc move upside 5th . use stoploss 4th wave . oe 2 or 4 trendline draw Longby HARISHRAO9916
ITC SHARE MONTHLY CHARTItc share elliot wave analysis monthly chart current wave 5 move upside . use 2 or 4 trendline Longby HARISHRAO994
ITCITC is currently trading at a support level. If you are considering trades, here are some levels you may want to keep in mind.Shortby Kartik_Elkunchwar6
island structure in ITC in the making It seems island structure is in teh making in ITC. If that happens we can see great downside from current level in ITC. Tomorrow if and when it crosses below todays low, i'll take short position Shortby Dr_AtulGoswami664
ITC GETTING READY FOR NEXT MOVEConsolidation in Range from 13th Feb 24 Trading Near Breakout Zone Volume on Higher Side Idea Invalid below 403Longby tradingwithlogicsUpdated 9
ITC - 1H - Eliott Wave AnalysisNot an advisory to trade - I am not a qualified Financial SEBI advisor. Please don't trade based on this analysis. I am learning and I just forming the ideas based on what I learnedShortby MendiUser1110
ITC INTRADAY TO SWING ITC MIGHT give a good up move as it started reversing from the same buying levels on can try a nice INTRADAY TO SWING TRADE with small STOPLOSS ENTRY - 408.5 STOPLOSS - 405 TARGETS - 415,420++ 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 Please like or boost my idea if you like it or traded it ThankyouLongby chaitanya16920
WEEKLY IMPORTANT LEVELSHey folks ! Marked important levels for the week. Although All the levels have the description but still target are marked with green level and Stoploss is marked with yellow level. Wait for price to reach its buying area for a better trade. Risk Reward ratio is 2:1 For any questions just drop a message! by prachitv14
ITC MIGHT TAKE A U TURNITC might give a possible up move for good swing or positional trade based on pure price action, volumes and the place it is at. Can take a sharp or a decent u-turn ENTRY - 404.5-405 STOPLOSS - 398 TARGETS- 415, 425,430++ 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 Please like or boost my idea of you like it or traded it.. thankyouLongby chaitanya1692Updated 14
[Positional] ITC Swing BetNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesLongby Amit_Ghosh4
ITC--@Trendline Break??This stock is now moving in a bearish channel. now its time to look for bullish view... if this continue to downwards or break above the bearish channel.on topside we are facing the trendline resistance. wait until price breaks the trendline and retest for enter long side... on topside we have bearish gap and a strong fall area to book profits. look for long in this areas.by IIT-Trader3314