ITC trade ideas
#BEARISH GARTLEYITC FUT shorted positional from 186 with sl as mentioned in chart. in 10min time frame broken trend line support so there was good short opportunity.
ITC at 160-165 range what next?As mentioned in my previous update on ITC, fresh buyin is at 165-160 range and I expect it to trade in range before taking further movement of upside or downside. For downside I see bottom at 140-145 range and for upside 180-190 range
Be-careful long traders on ITC. Price can be trade in range.
long-term trend is downward
expected no trading activities above attraction line.
price can rest between lower bound and attraction line.
project will help to how stock can perfect.
Advised to traders and investors: be careful to take long.
BUY ABOVE THE 1/1 LINE BREAK WEEKLY TGT :193MARKET MAY RISE AFTER HUGE SELL OFF TRADE WITH CAUTION THE VIEWS ARE MY EDUCATIONAL PURPOSE ONLY...
ITC showing weakness against nifty index. Sell near 183 with a stop loss of 185.2 for a target zone of 172/165
ITC range, Demand and Supply rangeITC is consolidating at current level, any downside break from current level will see fresh demand at 165 to 161 and if break free from 190 level then fresh supply at 200 (100 EMA ) and 220 level (200 EMA)
ITC Interesting Buildup "ABCD" + "PITCHFORK"NSE:ITC ITC is in a safe sector but market conditions can bring the prices down. ITC can be good short candidate below 175, see the chart for further levels and updates.
ITC iNTRADAYSuperb set up...Trendline acting as resistance at 38.2% retracement and bouncing back...hope to see 161.8% levels
Rise of the Fallen FMCG & TobaccoDouble Bottom Pattern in ITC was seen to formed in Weekly Charts, also a teeny tiny divergence is visible in RSI.
ITC SHORTMY analysis of ITC
INSTRUMENT: ITC
: Futures and options
TIMEFRAME: DAY
VIEW TYPE: TECHNICAL
PSAR: BEARISH
STOCHASTICS: BEARISH
TREND: BEARISH
CMP: 186.35
SELL BELOW: 180.50
SL: 193
TARGET 01: 167
TARGET 02: 160
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
we can go short once we get the confirmationGreat Resistance once price touch this zone and show reversal and we will wait for the confirmation on 2nd day and on 3rd day we will go short .
May be if long candle crosses this zone and we get confirmation on 2nd day and we will wait for 3rd day to go long , but due to corona pandemic i think it will be going down.
