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...
This stock is taking the support of trendline multiple times and now price is at support level. If this trendline acts as support again price is bullish and test the resistance trendline. If failed then look for short side on retracement.
This particular stock has been on a prolonged bearish trend, but currently, the price is finding support within well-established historical support zones. Looking ahead, there's a notable trendline resistance on the upper side. If the price manages to breach this trendline and subsequently provides a retest, it may present a favorable opportunity to...
In this approach, Once Breakout or Breakdown levels are breached, we initiate Long or Short positions accordingly with Proper stop loss as mentioned in the chart. Since the Risk Reward is 1:3, we can take a maximum of 3 trades. If we follow this approach, over the long run, money is gained. A trader is advised not to treat these setups as lottery tickets....
after breaking the resisatnce at 455 zone...price moved strongly... from the last 3 sessions price falls and yesterday it tested the resistance again... if this bullish continuation or reversal happens... if reversed on bottom side we have a strong support @455 zone in the form of resistance. keep track this levels...
Observations:: ----->> Previously a strong sell of is observed @433 level, price again comes back to this level, if this is a false break out @ resistance sell below the resistance again. Keep your stop loss @ 436. Look for sell opportunity, if price falls below resistance only.
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 is revered from a very important support zone and currently making a Doji candle formation at the above trend line. It will be a good move either way whenever it breaks. So, watch out for this stock. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any...
NSE:ITC support and resistance for upcoming days. It may take upside move if price break and sustained above resistance of 334.40. Afterwards Can buy for next target of 339.90 and 344.45 Note: This is my personal analysis, only for learning.
ITC still stands good on all the time frames. Now there is a probability of a shark pattern on the hourly chart, and it unfolds stock can test 345- 350 levels in the coming weeks. The stock should sustain 330 levels for this probability to hold.
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.
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. FAMOUS BRANDS- Aashirvaad - Atta/...
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
I already recommended to buy ITC at 204 level. Now it breakouts in weekly basis. Buy Itc at cmp Target:-306, 321,343,400,500,700,800
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...