ITC CHART LOOKS GOOD..ITC CHART LOOKS GOOD..
CMP : 195.55
TGT : 199.05 , 202.00 , 205+++
POSITONAL 1 MONTH.....
ITC trade ideas
ITC long analysisITC looks like change their trend. RSI already given trend line break out. Price chart given trend line to break out. Key level is 195.55, above this level boom. Good to long time.
ITC SUN RISING JUST FOR TARGET 249 / 277 / 320ITC IN BULL GIRP AT THIS LEVELS 207 FOR THE TARGET 249 / 277 / 320
ITC long One can long ITC on positional basis as stock is strongly holding above its resistance of 200 zone. Once stock manage to cross previous swing high which was sub 210 level on closing basis then stock can move towards 260 levels.
Stop loss should be placed near 192 levels.
ITC - Quick up move (205) is expected before a correctionQuick up move till 205 is expected before a correction
ITC swing tradeThe channel line shows that it is a uptrend stock
The area between black line is no trade zone
green line is target 1 and 2
Red line is breaking of the uptrend
Go long if open flat or almost flat and cross level Go long if open flat or almost flat and cross level
ITC - CMP 198.2 BullishITC- CMP198.2, Can be taken with SL of 189.2 for a target of 202, 209, 220, 235. It was on continuous rise from 160-170 level and made a flag break out last month and breakout continues with intermittent healthy corrections. Presently going in a raising channel. RSI is also making an attempt to breakout. MACD even though is in positive territory till last trading session it was diverging. Last session MACD was held at same position and divergence halted. It shall go up in future along with other FMCG stocks. This is for educational purpose only.
itc is trending on support line can take support from cmpitc is trending on support line can take support from cmp or breakdown
INVESRSE HEAD AND SHOULD PATTERN #ITCITC HEAD AND SHOULD PATTERN ON RSI DIVERGENCE . BREAKOUT POSSIBLE .
TARGET 1- 200
TARGET 2 - 210
TARGET 3 - 224
ITC Position Trading longITC over all bullish. As per Elliott Wave intermediate 3rd wave going on.
we can expected price to move 234 to 237. it is Strong resistance Zone 1.
also form here minor wave 1.
Buying opportunityBuy IF :
193.55 Is broken on safer side and makes new candle above it then one can look for two targets as :
Target 1 : 199
Target 2 : 207
ITC can give breakout (Weekly)ITC can give breakout but first it has to cross the zone mentioned on chart...
Uptrend started in ITCWatchout for make or break target of 209. If Break 209 then next stop of 234. After that consolidation and then wait for next move after that
Possible rally in ITCAfter a dubious removal of weak hands ITC has started to rally.
Breakout on weekly chart
Buying with heavy Volume
Possible upside level 230.
ITC BULLISH DEEP CRAB - NEXT TARGETS MEANTIONEDPRICE HIT EXACTLY AT HARMONIC POINT AND REVERSED - SNIPER ENTRY
