ITC BREAKOUT can be good for long run ITC BREAKOUT can be good for long run ITC BREAKOUT can be good for long run ITC BREAKOUT can be good for long run ITC BREAKOUT can be good for long run
ITC has been a MEME stock for India stock traders as the performance of this stock has been very poor compared other stocks, even in the hyper bull run over last 18-20 months. But if you're a long investor and looking for defensive stocks with good dividend yields, wanting to preserve capital, ITC would be a good stock in the portfolio. If you notice the ITC chart...
Nifty 50 Stock Analysis Series - 7th stock - ITC -------------------------------------------------------- My Analysis: ---------------- ** Daily Timeframe ** ---------------------------- 1. was in channel pattern till 15th Sep and got a breakout, surged to Rs.260 with little retest. 2. Then, the correction wave (ABC) started and is in the C wave. It may reach...
ITC has formed a bearish flag pattern on weekly timeframe. It has recently tested the supply area and falling drastically ever since. This trend in confluence with any negative news such as omicron can bring the price to unexpected levels.
Looks like ITC is heading towards a Bull run again after the announcement of "institutional and financial analysis day" on Tuesday.
itc is on weekly time frame demand zone also on weeklytime frame trendline RSI is not breaking 50 range support and same level taken multiple support on both trendilne RSI seems it will take support from here ITS good time to enter for long term long at the breakout or high volume daily candle at support zone 2015-217 level
ITC 4hr chart formed a Head & shoulders pattern. Watch out for Breakdown. 02 Dec 2021
ITC tumbled down from 262 levels to 222 levels. It created support around 222 levels, tested it many times, and started rallying again. Structure on the shorter timeframe is of higher highs and higher lows. Today it rallied to around 245 levels, but couldn't sustain and closed around 239 levels. Immediate support for the stock is around 237-238 levels, if it...
Bullish Flag on daily. Target on the chart.
#CARBORUNIV NSE:CARBORUNIV Carborundum Universal Ltd. NSE:CARBORUNIV NSE:CARBORUNIV CMP: 910.70 Target: >1200 Time Frame: < 3 months SL: 807 RR Ratio: > 3 INVEST & HOLD Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher...
Itc should reverse from the given level a trade can be taken from given level as risk: reward is very favorable !
We have witnessed a remarkable move in the ITC from 200 levels to 265 levels 😍 in the past few months. Though in the last week, it has fallen about 12 %, that's a huge number 😲, ideally which an up-trending stock should not witness. Though it has good support around 230-232 levels, if held, then chances of moving upwards would still be there on the cards...
itc buy on side start wave 3 soooonnnnnnnnnnnnnn sl 217 follow only hold long
NSE:ITC is probably one of the most talked about stock in Indian markets. Twitter is full of ITC memes and investors have grown old hoping that one day ITC would finally start making a decisive upmove for good :) Anyhow, if you see the volumes in ITC lately, there has been a lot of interest. Lots of large volume bars in recent few weeks and the stock has broken...
ITC 30 Min Chart Descending Triangle gave a Breakout 12 Oct 2021
In today's session, ITC broke the trendline, it had been resisting for the past 20 trading sessions. Now if it sustains 232 levels in the short-term, it probably giving clues of renewing its long-term trend . Immediate resistance 237-238 Further resistance at 244 Support 230