ITC trade ideas
ITC - trend change probability on cards#ITC - Stock is in the process of a trend change, keep it on your radar. Move above 173, can see fast move towards 187 -190 levels.
Accumulation zone 163- 170.
SL few ticks below 163
Trade type: Swing, and can covert into positional as well.
**Trade at your own risk
ITC - NSE Bullish in coming weeks and monthsITC Weekly chart shows cup-handle, weekly, daily low is an entry for long term.
ITC-BUYRETRACEMENT LEVEL FOR BUYING PURPOSE AT LEVEL OF 176.05 TO 15 SHOWN FOR LONGS EXPECTED PRICE 5 DAYS 184 TO 185. THIRD WAVE IN PROGRESS
ITC bouncing with hammer candle from lower bollinger bandITC bouncing with hammer candle from lower bollinger band
ITC cerated beautiful falling wedge on 4hr time frameITC cerated beautiful falling wedge on 4hr time frame, once break up side could shooooot..
ITC Most Hated Stock in FMCG category i guess ....Level Marked... Buy Zone and Form WHere it is weak..... all there in the chart
LONG ITC above 181 Bullish divergence observed on multiple time frames.
High risk-reward ratio.
TRGT - 188
SL - 180
ITCTHE DELIVERY QUANTITY HAS BEEN HUGE TODAY, THE CHARTS ARE SHOWING IT ALONG SUPPORT, IT CAN BE BOUGHT HERE WITH STOP LOSS OF 180, FOR 187 191 AND 194 AS TARGETS.
IF GOES DOWN THEN MIGHT GO TILL 175 & 170
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Support level??180.5 should act as support if broken can see much downside. One accumulate few at this level and can add on dips
ITC - closed below these lines.. where does it take it to?I am expecting this to drift down .. question is where to?
