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Itc-chart

ITC: Bearish Momentum UnfoldsITC: Bearish Momentum - Short Trade Setup ITC Key Points The 4-hour chart of ITC confirms a sustained downtrend, with TP1 and TP2 targets successfully achieved. The price action suggests the continuation of this bearish momentum, keeping TP3 and TP4 firmly in sight. Trade Details: Entry Price: ₹508.85 Stop Loss: ₹518.65 (strategically placed above resistance) Targets: TP1: ₹496.70 ✅ TP2: ₹477.05 ✅ TP3: ₹457.40 (potential) 🔄 TP4: ₹445.25 (final target) 🔄 ITC Share Analysis: Risological Alignment: The Risological trend line slopes downward, confirming the prevailing bearish trend. Price Structure: Lower highs and lower lows indicate a clear seller-dominant market environment. Momentum Strength: Strong red candles suggest heightened bearish activity, increasing the likelihood of hitting the remaining targets. Action Plan: Existing Traders: Secure partial profits and trail stops to lock in gains. New Entrants: Wait for minor retracements toward the entry level for an optimal risk-to-reward ratio. ITC's bearish journey continues—watch for TP3 and TP4! 🛑📉
NSE:ITCShort
by ProfitsNinja
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. Hope you like my analysis. Please do your own analysis before investing. Do like and follow and share among your friends and family. Thank you.
NSE:ITCLong
by ronak16125
1
Analyzing ITC Stock Using Fibonacci Chart: ShortfallIn this analysis of ITC's stock using the Fibonacci chart, we identify a potential "shortfall" in the stock's performance. First Target at 412.6: The "first target" is a price level at which the trader or investor hopes to sell their ITC shares to lock in profits or limit losses. In this case, the first target is 412.6, which means the trader is looking to sell ITC shares if the price reaches this level. Second Target at 392.15: This is a lower target, indicating that if the stock price continues to decline, the trader plans to sell their ITC shares at this price to mitigate losses. Stoploss at 440: A "stoploss" is a price level at which a trader will sell their shares to limit potential losses. In this case, the stoploss is set at 440, meaning that if the stock price rises to or above this level, the trader will buy their ITC shares to cut their losses. This information is often used in technical analysis and trading strategies to manage risk and potential gains when trading stocks. However, it's essential to remember that stock prices can be highly volatile, and there are no guarantees in trading or investing. It's crucial to make informed decisions based on thorough research and risk management strategies. It's also advisable to consult with a financial advisor or do your own research before making any investment decisions.
NSE:ITCShort
by ketanbhalala
ITC Breakout or Breakdown Risk Reward 1 to 3 Trades In this approach, Once Breakout or Breakdown levels are breached, we initiate Long or Short positions accordingly with Proper stop loss as mentioned in the chart. Since the Risk Reward is 1:3, we can take a maximum of 3 trades. If we follow this approach, over the long run, money is gained. A trader is advised not to treat these setups as lottery tickets. Since only I know why these work (while others may not), only I have the conviction to trade them in real market. So kindly treat them as educational trades only. Happy Trading!
NSE:ITC
by PredictNifty
ITC - long viewThe 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 trades. Thanks & Regards, If you feel you can make use of my views and put them to good use, request you to kindly revert with feedback/suggestion/improvement
NSE:ITCLong
by ruelfernandes