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 trade ideas
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.
breakout with moving averages in convergence all moving averages are together
breakout with volume
in weekly chart also moving averages are converging
ITC chart analysisITC a slow and steady giant, never broke the support of 200
With positive news incoming of ITC paper mills sending oxygen for covid help
ITC broke the resistance of 206 with good volumes and continued the rally up
Trend line breakout.Trend line breakout from strong support zone. Good RR ratio for long. Target and possible price movement as shown in chart.
ITC Weekly Pattern breakAfter a long, bullish patter in ITC, Target as mentioned in the chart
Since this is ITC have a lot of patience
ITC - CONTRA TRADEITC gets supported around 202.50 stops for longs towards 215, potential inverse head and shoulder. Consider longs here. Those with shorts strict stops around 207.80. Prefer longs as contra trade.
ITC getting ready for breakout !?????ITC; formed descending triangle of Elliott corrective wave. Is it ready to go up!???
ITC. 10th MayVery good volume accumulation here could break the resistance.
Lookout for gap up opening.
Bullish divergenceBullish divergence is shown here in ITC, good target is 213, if breaks than new bullish rally will be there..!
