ITC BTC - Larger Pump Seems To Be Coming - Bullish Continence ITC has gone up 283% since I first said it was going to pump. You would think this might be over, but I don't think so.
Previous shorter term targets have already been met, however I feel we still have a long way to go.
5600
7500
12595
20724
Previous all time high was 60938 it is possible it might exceed this long term.
Any buy below 5k sat should be good.
If you wish to put a stop loss in 4300 should work. It is unlikely to go below 4400, but there is a lot of volatility in the asset.
ITC
One Year Chart On My Previous Head and Shoulders PatternI have updated this chart slightly with some potential targets/resistance.
Most importantly I have zoomed out.
I added a fib retracement after my manual resistance lines.
Lots of room for it to still go up.
ITC BTC Still Bullish ContinuationITC vs BTC is very bullish still, the one month is a steady growth with some major surges.
Targets 4100 4300 5500
Next Leg - DownITC has just broken out to the downside after a good 3 wave correction. It is most likely to continue going down to the 240- 250 levels. Any meaningful pull back can be an opportunity to sell.
ITC shows strength at 291Monthly has no trending, weekly is trending up. After the recent highs in Sep, 2018, price bottomed out at round 260. Then consolidated until Mar, 2018. The rectangle shows patches were price spends maximum time. 291 was retested multiple times before price broke out of the previous narrow range 291 - 300 indicating that the bulls are in control.
Now 300 will act as a support. Previous resistance becomes new support. Any weakness in hourly should be bought. I will use the purple slanting line to guide me through. Going forward a normal swing low or ATR based trailing stop will do manage the trade.
Anticipating hourly will grace the green horizontal ray to give a good entry. Stop is the red horizontal ray at 291. Purple line will guide the trade.
Looking for the next part of the pump nowThis is only my 4th post here, still new to using the tools and this forum.
ITC has pumped as predicted the last two times, and I expect a third is coming.
Targets 4000 4300 5500
Looks like it might pump againI am a bit of a noob, but I think they call this bullish continence.
Rising Wedge
Targets 4000 4300 5500
ITC Btc coming - looks bullish to me.I am not going deep into the charting here since my lack of skills with the tools will not do my idea justice.
Have a look, TA it better if you want, just an idea.
ITC ITC , bullish moves on the cards , which will lift nifty higher. stockddada
for educational purpose only
ITC going downas we can see, ITC has made a bearish engulfing bar pattern it is expected to go down, it will be a good short sell
smoking is injurious , buying ITC CAN NEVER BE .....!!!!! BUY !I SUGGEST A BUY IN ITC WITH BOTH SHORT AND LONG TERM PERSPECTIVE AND SEE A TARGET OF 283-285 SOON IN WEEKS TO COME AND CAN HOLD EVEN FOR 300+++++++
STOP LOSS @ 255
ITC: Is it Getting Ready For A Trending Move Up?Nice consolidation and breakout happened in ITC a few weeks ago. Another consolidation happening now. Awaiting breakout for next trending move up. Lot of other technical indicators are supportive. Not getting into it.
Short ITC but only a retracementWhile I do believe in Nifty there has been a discontinuation of the downtrend there are possibilities of some retracements before we head up to break the swing highs. On ITC we can see that price tested above the trand channel 3 times before failing down and it has been in a range as shown in the box. There could be liquidation and the gap which is left could be cleared this week.
ITC trade setup, Will have to wait to take trade.
Price moving in supply area and if momentum changes at this place then we may get nice short trade. If price closes above supply area then long trade is more lucrative :-)
ITC - Bullish CypherBullish Cypher forming on ITC.
Look to buy at previous support between 315 and 325
Bullish cypher target and AB=CD target between above levels. Note how RSI will bottom out in the zone tactically.
