ITC
ITC ::: LONG21 MAY 2020
INSTRUMENT: ITC
TIME FRAME: DAY
OTHER TIME FRAMES FOR CONFIRMATION:
3Hr. 4Hr
INDICATORS AND THEIR TRENDS:
PSAR: Bullish
STOCHASTICS: Bullish
MOVING AVERAGE: Bullish SUGGESTED TREND: Bullish
Technical levels
CMP: 188.89
Sell below: 187.31
SL: 185.55
TARGET 01: 192
TARGET 02: 194
My analysis of ITC is it is expected to gap up tomorrow 21 MAY 2020 and reach a target of 192 to 194. It has the capacity to reach up to 203. If it retraces from 203 to below 195 then would prefer shorting on a long term basis
Be-careful long traders on ITC. Price can be trade in range.
long-term trend is downward
expected no trading activities above attraction line.
price can rest between lower bound and attraction line.
project will help to how stock can perfect.
Advised to traders and investors: be careful to take long.
ITC SHORTMY analysis of ITC
INSTRUMENT: ITC
: Futures and options
TIMEFRAME: DAY
VIEW TYPE: TECHNICAL
PSAR: BEARISH
STOCHASTICS: BEARISH
TREND: BEARISH
CMP: 186.35
SELL BELOW: 180.50
SL: 193
TARGET 01: 167
TARGET 02: 160
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.