ITC - can move towards 285 -290 before serious resistance kicks Upper end of the trendline comes around 286 and rising
If it gets there, longs may want to exit
ITC trade ideas
ITC : What went wrong?I have understood the mistake and have accordingly changed the wave count. Hoping that everything will fall in place.happy trading. all the best.
Will history repeat itself ????ITC formed a similar structure which was formed before the bull run of 2003 in ITC.
Bullish Flag Breakout in ITCBullish Flag Breakout in ITC
Expecting more upside if break todays high
Todays high is very important
ITC buy for intraday tradingITC buy for intraday trading if stock and FMCG was also strong then we will buy the stock.............
#ITC #FLAG #EWITC: Ahead of results it is ready for flag BO. While index was giving up it held very well & was consolidating within the range. Oscillators are neutral. Harmonics & EW both indicating strength. Daily close above 267-268 will be a first indication of next strong move. Targets are 380 - 410.
itc updateWave 3 should start by tomorrow. what we are witnessing today is the wave c of zigzag correction. happy trading.
ITC wave analysisITC is in flat correction since from october.last wave c of flat started towards 220,for the correction to get complete.DISCLAIMER:this is my view, if price patterns change i will also change my view.
ITC - ANTICIPATING BEARISH MOVEPrice is retracing back into the FVG created by the bearish move in absolute compression. A sharp move down towards discounted price can be expected.
ITCIt made inverted head and shoulder pattern.And we can see a straong breakout also from pennant . Keep watching.
DISCLAIMER:Do your anlalysis also.
ITC 15 min Intraday Analysis Both Side potential In this stock better to see the day's confluence before going to make any conclusion
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ITC head and solder pattern so here it is clearly visible that itc is making a head and solder and we can also see a double top on 4hr TF WITJH NECK LINE AT 263 ASD ALSO A UPPER TREND LINE RESISTANCE .
ITC BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
ITC Evening Star Pure Educational Purpose Only
On Weekly Timeframe, Seeing Evening Star without touching Body of Evening Star Candle Body.
But there is immediate Support also which may Retest also & bounce Back.
ITC - Should you buy or Sell or HOLDITC
RSI - 57 downwards
Looking Weak
We can expect a Slight fall.
Wait for an reversal and then buy
Traders who are already holding the stock - Dont sell - HOLD
Fresh Buy not recommended, until reversal seen
Happy trading
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Keep and eye for 25% returnHi All,
Please refer chart for detailed explanation on technical analysis .
Falling wedge is one the most accurate pattern. One can buy around support zone.
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Hopefully, this helps you out a little bit. Please make your own research before investing.
P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk
short ITCITC will be facing a massive resistance in the coming time. will be shorting it in the near future especially in the smaller time frames.
itc breakout last High when rsi is up than this stock trand continue this make a position form this level and stoploss break out candle
ITC - 2 year range breakoutITC - 2 year range breakout
Target - 280 / 310
SL - 245 (Weekly closing basis)
