A TRIANGLE PATTERN SUGGESTING A BREAKOUT SOONWE CAN SEE A TRAINGLE PATTERN BEING FORMED SO BE READY TO TRADE
ITC trade ideas
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.
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)
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...
Long ITC once breaks channelConsider details provided in chart..
Views are personal and are only for educational purposes..
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.
ITC Short Term viewITC is forming a W-Pattern on daily chart
BUY above 217
Target : 224
Holding period : 1 to 3 weeks
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 ||
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 :)
ITC to next level After breaking 38.3% , will be heading to test 61.2 level. Short term buying opportunity with a target @ 242.00
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.
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.
ITC - Bounced from the Important LevelsITC bounced from the important level on the weekly time frame, suggesting buying still comes, whenever prices reach this zone , hence called happy zone for the buyers.
In the near term, it could move up to 213 levels and would zoom up above 215 levels 240 levels.
Broken Falling WedgeStock Analysis: ITC has broken the falling wedge pattern sustain above this level expected to reach the target given on the chat.
Let's see.
ITC LONG INTRADAY 17 MAY,2021Dear trader,
If u look at the chart of ITC (analysis based intraday only) the ITC Buy at 214 and Target at 220
Best Buy at 212.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
ITC long term viewITC is near the completion of 7 year irregular flat correction.ITC should come close to the range 120-150 to start a huge rally towars 2000.
