ITC trade ideas
#ITC #MemesTo all the lovers and haters of #ITC. Just sharing what charts are showing.
Triangle pattern formation on monthly charts and its very close to breakout or breakdown. Probability of a breakdown is low since the markets are in up trend. #Iamjustsaying #Itwasntme.
I have parked my FD money in this, so I have no worries of its future course.
Great Time to Enter ITC ?NSE:ITC
Well I think it's the great time to enter ITC
We all see memes and discussion about ITC, since feb2021 the stock is fluctuating between price 200-225/-.
CMP: 205.90
It formed a beautiful Triangle pattern on Daily Time Frame. There is no crossover between 50 & 200 EMA at this prevailing price, but what's the benefit when the opportunity is missed?
Target: 300+/- Sl: 197/-
The above brief was just an Idea I suggest to whoever reading this do his own research and invest. Thank You
shortWorst Share to keep in portfolio
As this share does nt moving any direction and making huge loss for investor
Don't have good management
Nifty headin towards 17000
but investor wre keeping hopes that this will reach 220
at atleast
moving back towards 200, Keep shorting never ever try to buy this
This Completely Shorting stock
Sell on ever 5% rise
Long Trade opportunity in ITC LTDThis scrip had been in Rangebound trend for past 6 months and this scrip had broke CPR resistance and now testing that resistance. So high risk trader can have long position in this trade now and have their Stop Loss just below Candle Low or resistance and have RRR of at least 2:1. Iam expecting a moderate bullish momentum in this scrip.
So do analyse on your own and take long position only if you are willing to take high risk as you are entering at a very early stage of breakout, if you are conservative then wait for the scrip to break the supply zone and then take your long position.
