One can long ITC on positional basis as stock is strongly holding above its resistance of 200 zone. Once stock manage to cross previous swing high which was sub 210 level on closing basis then stock can move towards 260 levels. Stop loss should be placed near 192 levels.
ITC share analysis. ITC stock price.ITC Technical view
PRICE HIT EXACTLY AT HARMONIC POINT AND REVERSED - SNIPER ENTRY
ITC - SHARK IN PLACE Holding 163 levels, can take it 183 levels on the upside.
#ITC - Stock is in the process of a trend change, keep it on your radar. Move above 173, can see fast move towards 187 -190 levels. Accumulation zone 163- 170. SL few ticks below 163 Trade type: Swing, and can covert into positional as well. **Trade at your own risk
buy itc for for target 202 203 support is 196.2 195.75 or extension level 206 209 211
ITC has taken good support and rallied... buy buy buy... if you are not willing to buy in futures take options =>buy 215 CE sell 225 CE ... expectation is it will reach 225 so by that time expiry comes in and you can eat premium of 3200 maximum loss is 5500 if it starts falling down to 195 then sell one more 225 CE you will loose around 2k-3k which is nothing I...
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.
ITC has give bullish engulf and one can go for long. The entry idea and the stop loss and everyday intraday trading ideas are given on our tellegrammm channnel UG MARKET. Do your own research before taking a trade.
A) 1, 3, 4, Reacts as a sign of Good up movement/ uptrend ( reverse of Rs.179.00 will be a good take off for the breakout of Rs. 199.00 and the target will be around 220 for shorterm) B)No. 2, 3a reacts as a continuous downtrend (if the above fails the price will react at Rs.170 then it will expected to go down or otherwise it will confirm the next...
stock in been trading on high vol in nifty 50 bullish engulfing on daily 1:2.6 trade as nifty 50 index is looking bullish for new all time high buying some high vol stocks in nifty