The company has declared the demerger of the Hotel business making the value unlocking. Also the global export in agri business is expected to have a greater boost with the war and flooding situation in middle east will boost the revenue and prices. Above mentioned targets can eb achieved short to medium term.
Consolidation in Range from 13th Feb 24 Trading Near Breakout Zone Volume on Higher Side Idea Invalid below 403
This stock is now moving in a bearish channel. now its time to look for bullish view... if this continue to downwards or break above the bearish channel.on topside we are facing the trendline resistance. wait until price breaks the trendline and retest for enter long side... on topside we have bearish gap and a strong fall area to book profits. look for long...
This stock is taking the support of trendline multiple times and now price is at support level. If this trendline acts as support again price is bullish and test the resistance trendline. If failed then look for short side on retracement.
The ITC stock now has been consolidating for more than 2 weeks at a very strong support/demand zone of INR430-435. This particular S/R zone is an active zone for the stock since May 2023, acting as support and resistance on several occasions since May. There was a slight breach of the zone in Oct.end which was successfully reversed by the excess demand hence...
The Support and Resistance is shown on the chart. The price action is showing bullish signs. The trend can be seen on the chart. The RSI is 58.28 The Earning release is on 19th October. Disclaimer: This chart and it's analysis is for educational purpose omly. Trade according to your own analysis.
after breaking the resisatnce at 455 zone...price moved strongly... from the last 3 sessions price falls and yesterday it tested the resistance again... if this bullish continuation or reversal happens... if reversed on bottom side we have a strong support @455 zone in the form of resistance. keep track this levels...
Observations:: ----->> Previously a strong sell of is observed @433 level, price again comes back to this level, if this is a false break out @ resistance sell below the resistance again. Keep your stop loss @ 436. Look for sell opportunity, if price falls below resistance only.
ITC stock observations: ---->trending upwards, broken a strong resistance at 390 (zone previous strong resistance)). ------>after clear trending upwards now price is showing some sort of consolidation, from this level the trend resumes again or reversal may happen. watch this stock for short position. As of now ITC trending, upwards can we expect a reversal from...
Hi everyone please consider this stock for uptrend every dip buy 4 hour chart
ITC is revered from a very important support zone and currently making a Doji candle formation at the above trend line. It will be a good move either way whenever it breaks. So, watch out for this stock. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any...
TOMORROW STOCK🔰 ITC limited is looking good for tomorrow price is in the rangebound and formed triple top if price breaks the resistance it will give upper moment if price reversal from the resistance price will touch the support trade after good confirmation Have a profitable day Thank you😊
NSE:ITC support and resistance for upcoming days. It may take upside move if price break and sustained above resistance of 334.40. Afterwards Can buy for next target of 339.90 and 344.45 Note: This is my personal analysis, only for learning.
ITC still stands good on all the time frames. Now there is a probability of a shark pattern on the hourly chart, and it unfolds stock can test 345- 350 levels in the coming weeks. The stock should sustain 330 levels for this probability to hold.
ITC'S bull run, made everyone confused, thats because, ITC not getting any spacefor its bull run. well enough diversified in markets, made ITC to bring a proper focus and management. and that space come after the RUSSIA- UKRAINE WAR. ITC was undervalued from past few years, and barely had given any return. but such an economical factor, affected ITC in a dramatic...
ITC - It is travelling in Channel Pattern. Due to Market Correction It is falling now and it may Retest the 310 level and it will touch the Previous High as Target 368.50 which was happened on 2017. Disc- Only for learning Purpose am not responsible if the trade is done based on my analysis. Please do your own Analysis too.
short itc till - 253, TARGET 1- 282. i know itc is great, and given great returns this year. but it has completed its waves and now its yet to fall, with a 3 wave correction. check the volume bars too, it has come to same volumes which were earlier(before corona movemets). i feel such that we can take short positions, but if there is still an upward movement...
India Tobacco Company Limited . The Achilles heel of every investor. Company website- www.itcportal.com Honest management, low debt , high dividend yield 4% , growing sales yoy Diversified businesses - Fast Moving Consumer Goods ( fmcg) , Hotels, Paperboards and Packaging, Agri Business and Information Technology. FAMOUS BRANDS- Aashirvaad - Atta/...