ITC given brekaout from weekly time frame triangleITC given brekaout from weekly time frame triangle
important suport at breakout level
can see 322 level soon
RSI is strong better to take entry on retracement falling wedge breakout
ITC trade ideas
ITC Long | intraday long | Swing TradeFor Intraday Trade above 239 | SL-237 (see 15 min candle)
Tgt1-247.45
Tgt2-252
Tgt3-260.2
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For Swing Trade Long above 239 | SL-230 (For 2-3 months)
Tgt1-260
Tgt2-285
Tgt3-354 by 1st week of November
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Do Your Own Research on Company fundamentals to get a good idea and its future potential.
ITC 24 SEPT See levels that R.S.S go FFS Ho FFS bop FFS TGIF FFS HP z oh hi h FFS k SD f go j fax sets of no h FFS b FFS h FFS j FFS b FFS b R.S.S r HP j R.S.S n FFS f no f HP h FFS f go that's haha that's
ITC - bullishThe stock in now in a bullish trend.
1. POC has been breached.
2. Fresh Aroon Crossover.
3. 50SMA support.
Target id Point D.
ITC 15 Min chart forming Rising Wedge Pattern 22 Sept 2021ITC 15 Min chart forming Rising Wedge Pattern 22 Sept 2021. Watch out for Breakout.
BUY Itc at 242 around... Itc has breakout after 19months.... it consolidated for enough period of time... now it started trending... soon it gonna break out previous 360 high levels to reach 580 in long term...
ITC READY FOR UPMOVECup AND Handle breakout clearly visible.
ITC a good pick for long term is ready for an up move.
ITC READY FOR UPMOVECup AND Handle breakout clearly visible.
ITC a good pick for long term is ready for an up move.
ITC on break out As from traingle Patten formation (hh , hl ,lh , hl , lh till now ) now going to lh so it does not hit the lh again so it is going up
no one can predict crt entry so take entry of 200- 208
WHAT IS THE REASON BEHIND ITC GOT FIRE ???ITC is trading on cup and handle pattern after it retest the zone it slowly moved up when public knows that its trading on pattern it got fire and moved up... almost it gave its full target let wait for distribution...
NOTE :
DONT FORGET TO LIKE AND FOLLOW COMMENT WHICH STOCH YOU WANT TO ANALYSIS....
BUY BUY BUY @Thakurji46
From Trader for Trader💸
This is for educational purposes only. Ü can take action after analysing my best stock for good times.
ITC fuelling up for launch to 300+? Bullish Fib based View This analysis is based on purely technical perspective with a Bullish bias primarily based on Fibonacci levels and support/resistance model.
ITC has been grinding up slowly on Daily since the low of 134.6 from last year and is currently forming a Bullish Ascending Triangle as shown in the chart.
Also the price has tested the broken support zone twice and last week, the test of this broken support was done with extremely bullish momentum which signals that the Bulls are ready to launch the price to 300+ and the technical view using Fib retracement and extensions is shown in the chart.
3 sets of Fib levels are drawn on the chart.
1. Downward Fib extension from 367.7 (extended from 322.95)
2. Upward Fibonacci Retracement from 134.6 to 367.7
3. Upward Fib extension from 134.6 (extended from 158)
The confluence zone of 0.618 fib of downward fib ext, 0.5 fib of upward fib retracement and 1.618 of upward fib extension will be the Critical Resistance Zone as it was the important pivot low of the downward extension and also the 0.618 of the same extension drawn as shown on chart.
Breach of this zone will potentially propel price to the Volatility exhaustion limits of the upward fib extension of 2.618 level and also the 1st weekly resistance zone.
Price breaching this zone will test the All Time High price and this is where the momentum matters for price pushing into unchartered territory and the extremely strong Fib resistance of 4.236 fib at 408.55 price level will be the exhaustion zone.
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Do Your Own Research on Company fundamentals to get a good idea and its future potential.
ITC Good to goVery good breakout on ITC, One can go long.
RSI , Moving average all on same side
1st Target 239 and SL 200
ITC chart analysis for positional trade.......................................
(entry, exit, stop loss, identified )
ITC - Upward BreakoutHi Traders,
As you can see from the chart ITC LTD is in downtrend from 9th Feb 2021 but now it is at the point of breaking out the downward trend line in upward direction. You can take the trade at Rs.213.25 (Buy) and Target -1 is Rs.226.5/- and Target 2 is Rs.237/- (Exit). Stop loss is based on your risk appetite. This trade is for Positional trade (i.e. for short term and not for Intraday trade). Please take the trade only after confirmation candle to avoid the risk of Fake out.
Note:
This is not a Financial advice, trade at you own risk.
Bullish NSE:ITCBuy = 234
SL = 221.35
Target 1 = 259.3
Target 2 = 271.95
17/09/2021
Bullish NSE:ITC-->ITC Ltd
Buy for short term
ITC after long time consolidationITC after long time consolidation can see good momentum in coming days.ITC after long time consolidation can see good momentum in coming days
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!
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
