ITC EQUITY levels ...28/06/2021 (D candle)
Stop loss will be 200 fixed for long 5-7days. but when it's retest then stoploss will below 5 candle. If retest fail but on downline with stoploss of 200.
Target should be the support
Broader trading range 207-196 enjoy trading.
NSE:ITC *Trade Setup* T1 - 230 T2 - 240 SL - 205 ITC has been trading in a range for a really long time. 200 remains to be a very strong support region and it has taken support over 5 times. It has formed a triangle pattern so it has the potential to get out of that range and move higher. Triangle pattern with 3 resistance is a good setup with high...
buy and sell zone added on chart. Its a good buy here with stop loss 198.5
I am posting a simple trading system created by @JustNifty (Shri Van Illango). I have fallen in love with this system. Only ITC, MACD, 20 Moving average. 60 minute time frame I will try this from Monday hopefully and post results too about this system.
Guy itc is given a breakout in 4h and 1 day timeframes it has been consolidating for ages hope this time it will make new highs
WE CAN SEE A TRAINGLE PATTERN BEING FORMED SO BE READY TO TRADE
ITC is forming a W-Pattern on daily chart BUY above 217 Target : 224 Holding period : 1 to 3 weeks
NSE:ITC ITC weekly chart is very interesting and showing strong support at 195-190 . on last weeks (17th may 2021) bearish candle its seems like frustrated retail traders just throw away ITC and same be have been picked up by Smart Investors. Its just a Mind Voice.!!!!!! Thank!!! || Hari Om ||
well this stock had a bizarre pattern some time ago and now we can finally see a better picture, making a descending triangle: the breakout of it can give good breakouts to this stock finally :) Happy trading :)
ITC bounced from the important level on the weekly time frame, suggesting buying still comes, whenever prices reach this zone , hence called happy zone for the buyers. In the near term, it could move up to 213 levels and would zoom up above 215 levels 240 levels.
Dear trader, If u look at the chart of ITC (analysis based intraday only) the ITC Buy at 214 and Target at 220 Best Buy at 212. 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...
all moving averages are together breakout with volume in weekly chart also moving averages are converging