ITC trade ideas
ITC Trend Analysis for Wave 1ITC life Time Trend finish Wave 2nd. Now start for Wave 3, it for monthly chart. This Chart will Explain long Term invest entry and for Swing Trading also find out entry and exit point.
Now Wave 1 st form as leading diagonal ABCDE.
ITC BullITC has consecutively faced 2 rejections and now it has taken a support at the fibo level. ITC Dividend news has given it a boost up and the last candle has ended with a hammer. Expecting a bull run from ITC - My alltime trustworthy favourite stock.. Note: I have the right to be wrong.
ITC MOVED EXACTLY AND HIT 208 FROM 184 LEVELS.ITC MOVED EXACTLY AND HIT 208 FROM 184 LEVELS.
NOW THE RETURN JOURNEY TO PREVIOUS LEVELS EXPECTED ..TO 180 /176 LEVELS IF BREAKS 198 /194 LEVELS
ITC completing wave4ITC is likely to take support at lower trendline and the move upward to complete wave 5
ITC - GREAT OPPORTUNITY TO GO SHORT @ 212 FOR 139 BY AUGUSTITC - GO SHORT @ 212 WITH A SL OF 228 AND A TARGET OF 139. TARGET SHOULD BE ACHIEVED BY MID - AUGUST
ITC - Bullish Trend will come soon.Since long, the stock seems to be under the consolidation phase. After quarter results, i'll wait for a bullish phase.
its ITC Buy Setup in the making once again on the daily chartRisk Reward 1:2.4
Buy once it breaks 188.2, S.L 182.5-2, Target 199-205.
Volumes are supporting the buy.. Stoc RSI going into positive side as a buy confirmation..
ITC 22nd june 2020my TGT
ITC buy above184.80 TGT=186/187.30/188/190/192/194...200
sell below 183.45 TGT=182/180.10/177/175/172
ITC_Rising wedgeITC shown a good revival post KKR takeover (after a sideways movement since 2017 and further worsening during covid ) , the current patters are showing is a rising wedge pattern and may fall into downward trend after couple of weeks
Go Long on ITC with stop loss of 194 target 234- 240 based PAITC moved above 194 weekly resistance now act as a stop loss with Target 234 -240.
