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Itctrade

ITC Breakout or Breakdown Risk Reward 1 to 3 Trades 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. Since only I know why these work (while others may not), only I have the conviction to trade them in real market. So kindly treat them as educational trades only. Happy Trading!
NSE:ITC
by PredictNifty
ITC - NSE INDIAIndia 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/ flour Sunfeast- biscuits and bakery Yippee! - noodles ( 2nd best to Nestle's Maggi noodles ) Bingo! - chips and snacks. CIGARETTES- Insignia, India Kings, Classic, Gold Flake, American Club, Wills Navy Cut, Players, Scissors, Capstan, Berkeley, Bristol, Flake, Silk Cut, Duke & Royal. ____________________________________________________________________________________________________________________________________________ Trade Technical- A classic triangle break, investor prayers to be answered for a reversal. A good buy.
NSE:ITCLong
by EVOQUE5000
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