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.
Aashirvaad - Atta/...
Well I think it's the great time to enter ITC
We all see memes and discussion about ITC, since feb2021 the stock is fluctuating between price 200-225/-.
It formed a beautiful Triangle pattern on Daily Time Frame. There is no crossover between 50 & 200 EMA at this prevailing price, but what's the benefit when the opportunity is...
ITC has probably become the most hated stock in recent times, but chart is telling different story, it appears that the stock is currently in wave 3, and it has possibly completed a long complex correction in wave II of 3rd, and the stock bounced back from the support zone around 200, and finally it has given a fresh breakout of decending triangle or flag pattern...
I break the upper line
then a big target of 224
sell if break the down line,
means for correction.
most probably it will trade in the channel
and the lower support is much stronger than the above resistance
If u look at the chart of ITC (analysis based intraday only) the ITC Buy at 205 and Target at 209
Best Buy at 204.
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...