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.
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...
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...
ITC stock is observations: ---->trending upwards, broken a strong resistance at 390 (zone previous strong resistance)). ------>the same zone if acts as support will expect further up move in ITC. As of now ITC trending, upwards can we expect a reversal from here or continue move towards up, we need to wait for further price action.
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.
Long Above - 315.70, T1 - 321.85, T2 328.10, T3 - 338.80, T4 - 350.20 , T5 356.25, T6 362.70...... SL - 295 Short Below - 288.50, T1 - 284.45, T2 - 280.95, T3 - 271-269, T4 - 258.75, T5 - 252.50, T6 - 246.30....... SL 306.20
ITC has given breakout of multi year long resistance. Its also a inverted H&S structure and the minor retracement is done. Rest chart is self explanatory.
The stock has crested a good base at the level range of 204 levels. As you can see the stock has taken support around this area and moved upwards. It reached a high of 265 levels before crumbling to huge selling pressures. The stock is trying to make its way back to the top. I have presented my views on the chart with levels that can help you take your...
For Intraday Trade above 239 | SL-237 (see 15 min candle) Tgt1-247.45 Tgt2-252 Tgt3-260.2 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- For Swing Trade Long above 239 | SL-230 (For 2-3 months) Tgt1-260 Tgt2-285 Tgt3-354 by 1st week...
ITC looks like change their trend. RSI already given trend line break out. Price chart given trend line to break out. Key level is 195.55, above this level boom. Good to long time.
Hi traders, this is my trade idea for ITC for the coming weeks. Let me know your opinion in comments.
ITC - Stock might get weak again Recent Price Action Bounced from the support , but couldn’t move past the immediate resistance around 173 levels. Started forming lower low , lower highs again. Now, any move below 163 level , can take it towards its immediate support comes that comes around 150-152 levels, below which we may see heavy selling in the stock
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.