Swing Trading Idea | ITC Ltd.I am a new member here , the idea was originally posted on my channel on 25.5.2021. ITC Looking Bullish Safe Players :- Sell 200 pe June @ Rs. 3 Risky Players :- Long 1 Lot ITC June @ Rs. 210.50 Sell 1 lot CE 230 June @ Rs. 3 Tgts - 216-226-239 ( Spot) SL Below 205 Note : June Future at Discount Due to Dividend Announcement Due on 1st June Longby H_himanshu1
ITC LTD 1D TF~~Personal views on ITC LTD~~ Long on ITC for short to medium term. Price is taking support at the new trend line (Black Trend Line) and has given breakout on the previous descending trend line. I have used simple trend line analysis on daily time frame along with RSI and MACD indicators. RSI and MACD showing good strength with good volume. RSI going up with the price action following the trend line. Price is well above all moving averages and showing good strength. 20D SMA crossing 50D SMA on daily time frame. Refer to the Fibonacci levels for immediate target and support. ITC releasing Q4 results tomorrow, hopefully with good dividend which will push the stock further up. Today’s volume was also more than previous weeks average volume. ~~Do your own analysis before investing~~ ~~Feel free to share your views and learning’s~~Longby GaganSingh101
A TRIANGLE PATTERN SUGGESTING A BREAKOUT SOONWE CAN SEE A TRAINGLE PATTERN BEING FORMED SO BE READY TO TRADE Longby sohanjaiswal2
Neutral i suggest wait for price to come down to 190-191 for long , here its getting weaker , 190 will be strong 1d trend support , from there it can be long for 240 and higher. upper trend line showing weakness.by tenper1001
ITC : finally on for 240++ targets?cmp 212.90 after long consolidation in price band 200 to 210 stock has come out of triangle compression zone . one of the slowest moving stock . this time it can give 10% to 15% returns in short time frame . finally it has given breakout.buy for... targets 216/220.20/224.40 230.70/236/241+++ (note : monthly pick) Longby HARMONICSANAND2212
ITC TRADING IN RANGE ITC TRADING IN BIG RANGE OF 200 AND 235... NO BIG MOVE ON EITHER SIDE EXPECTED UNTILL THIS RANGE BREAKS... AS PER CHARTS ITC TRADING IN MONTHLY TIMEFRAME CORRECTION...by PNW_INVESTMENTS0
Long ITC once breaks channelConsider details provided in chart.. Views are personal and are only for educational purposes..Longby popatbhaifatepara0
ITC - BEARS BLINK, BULLS STAREITC, is waking giant. Within the larger moves there exists short term opportunities too. For the day buy with stops as mentioned for move towards 216. Stay Long. For positional buyers 206 is the new base. Longby sreebhashyam0
ITC Short Term viewITC is forming a W-Pattern on daily chart BUY above 217 Target : 224 Holding period : 1 to 3 weeks Longby amolamte10
ITC LONGAs ITC Following It's trend Line and With Good Fundamental We Can Go Long For this Now and Longby tusharjaglan582611
Retail Traders may had throw Out ITC (Mind Voice)NSE:ITC ITC weekly chart is very interesting and showing strong support at 195-190 . on last weeks (17th may 2021) bearish candle its seems like frustrated retail traders just throw away ITC and same be have been picked up by Smart Investors. Its just a Mind Voice.!!!!!! Thank!!! || Hari Om || Longby PriceVolumeRider0
Can ITC do it this time ? xDwell this stock had a bizarre pattern some time ago and now we can finally see a better picture, making a descending triangle: the breakout of it can give good breakouts to this stock finally :) Happy trading :)Longby Averoy_Apoorv_Analysis228
ITC to next level After breaking 38.3% , will be heading to test 61.2 level. Short term buying opportunity with a target @ 242.00Longby jiznu2
ITC - NEGLECTED FOMOITC, is everyone's favorite meme stock. It looks like contrarian space. Assumption a) broad market trend remains same b) it is forming base and potentially beat the index c) current wave base near term 206 and big one around 193 holds. We have to entry points one long there and another on closing break of 230. Final targets arguably towards 300, but fair to assume 270. Warning, the returns else where is not to be compared with, standalone ability of this space is the point to ponder. Longby sreebhashyam221
ITC - CATCH THE CORRECTIONITC hit the max after breaking 208 area towards 217. Now the price pushes near this break out area, allowing for another move to get into. Long here stops 206.70 for move back to 215 (short term); near and medium term remain invested. Longby sreebhashyam0