ITC range Breakout on the lower side can give good move below 191 which is also a previous month's low. Previous month's candle is a bearish showing rejection near 200.
Recommendation of Positional Long on ITC with a stop loss at swing low of 191.5
Bearish in all Technical Parameter. Strong support 190 and good level for buying. Buy ITC, target price Rs 243: Axis Securities
ITC- GO SHORT @ 217 WITH A SL OF 230 AND A TARGET OF 157. THIS TARGET SHOULD BE ACHIEVED BY END AUGUST. TRAIL 30% OF SHORT POSITIONS FOR A TARGET OF 139
Long ITC if current high break or rejection of trend line
On ITC double bottom formed , If RSI goes above 50 or sustain on these level good to buy.
Hello, Guys! ITC at it's support of 194 if it breaks on closing basis then sell for target of 181. And it takes support at 194 then buy for target 205.90 which also fill the down gap which need to be filled. NOTE : Only for education purpose do add your common sense before making any trade, I'm not responsible for your profit or loss! -- Regards Sanam Patel
ITC is under Rising wedge wait for break down
#ITC is moving under ascending triangle and getting support over 100EMA since 3day. If stock will break level 201 then stock will move to resistance 206 but 206-210 is strong resistance. Once level 210 break then only stock will move upward. Same downside if 100EMA break then then 189 is support. Showing Bearish in all Technical Parameter: CCI is trending...
NOTE: TRADE ONLY WHEN YOU UNDERSTAND THE CONCEPTS. TRADE WITH KNOWLEDGE FOR GOOD PROFITS!
ITC life Time Trend finish Wave 2nd. Now start for Wave 3, it for monthly chart. This Chart will Explain long Term invest entry and for Swing Trading also find out entry and exit point. Now Wave 1 st form as leading diagonal ABCDE.
ITC has consecutively faced 2 rejections and now it has taken a support at the fibo level. ITC Dividend news has given it a boost up and the last candle has ended with a hammer. Expecting a bull run from ITC - My alltime trustworthy favourite stock.. Note: I have the right to be wrong.