NSE:ITC Sell For 04 Dec 2018NSE:ITC sell initiate for 04 Dec 2018 using 30 minutes chart based on Fibonacci levels,
check below Sell level :
Sell Below : 282.05
Stop Loss : 284.35
Target : 280.9
Search in ideas for "Nse:itc"
Trading Idea: Long-term Investment in ITC Limited (NSE: ITC)Overview:
ITC Limited, a prominent Indian conglomerate, operates across diverse sectors, including FMCG, hotels, agri-business, and cigarettes. This trading idea suggests considering a long-term investment in ITC based on a combination of fundamental and technical analysis.
Fundamental Analysis:
Revenue Diversification: ITC has made significant strides in diversifying its revenue streams beyond its traditional tobacco business. The FMCG (Fast-Moving Consumer Goods) segment, particularly brands like "Aashirvaad" and "Classmate," has shown promise.
Earnings Growth: Analyze ITC's historical earnings growth and projections for the future. Check for consistency in revenue and profit growth over the years.
Dividend Yield: Consider ITC's dividend history and dividend yield. The company has a track record of paying dividends to shareholders.
Valuation: Evaluate ITC's current valuation metrics, such as the Price-to-Earnings (P/E) ratio, in comparison to peers in the industry.
Market Position: Assess ITC's competitive position in its various business segments and its market share.
Technical Analysis (Up to 2023):
Trend Analysis: Review ITC's historical stock price trends. Look for patterns or trends that suggest a potential reversal or continuation. Use technical indicators like Moving Averages, Relative Strength Index (RSI), and MACD to gauge the stock's momentum.
Support and Resistance Levels: Identify key support and resistance levels on the stock chart. These levels can provide insights into potential entry and exit points.
Candlestick Patterns: Pay attention to candlestick patterns to spot potential reversals or trend continuations.
Volume Analysis: Analyze trading volumes alongside price movements. Unusual volume spikes can indicate significant market interest or potential trend changes.
2023 Outlook:
Given the diverse nature of ITC's business segments, its performance may be influenced by various factors, including economic conditions, consumer preferences, and regulatory changes. Monitor updates related to its FMCG business, hotel segment, and any developments in its traditional tobacco business.
Risks:
Regulatory changes in the tobacco industry can impact ITC's revenue and profitability.
Competitive pressures in the FMCG sector.
Economic factors, including inflation and consumer sentiment.
Conclusion:
Investing in ITC Limited (NSE: ITC, BSE: ITC) should be based on thorough research, a long-term perspective, and a well-defined investment strategy. Monitor both fundamental and technical factors, and consider your risk tolerance before making any investment decisions.
Bullish NSE:ITCBuy = 234
SL = 221.35
Target 1 = 259.3
Target 2 = 271.95
17/09/2021
Bullish NSE:ITC-->ITC Ltd
Buy for short term
NSE ITC the short is over Long is a hover If you followed my previous ITC chart analysis it will be very clear that ITC the short is over and long is starting here.
In my view the momentum will pick up from here and we stay in long for few days to weeks .
NSE:ITC LongCan reach 205 in 1-2 weeks. After a little retest/Profit booking , ITC will form Green long candles
Retail Traders may had throw Out ITC (Mind Voice)NSE:ITC
ITC weekly chart is very interesting and showing strong support at 195-190 .
on last weeks (17th may 2021) bearish candle its seems like frustrated retail traders just throw away ITC and same be have been picked up by Smart Investors.
Its just a Mind Voice.!!!!!!
Thank!!!
|| Hari Om ||
ITC In Its Accumilation ZoneNSE:ITC
ITC In Its Accumulation Zone.
Stock is trading in its previous Accumulation Zone. Rang of this area is 126.15-161.25 ITC will Show strong move above 161.25 in coming days.
One can Keep Consider this stock for positional with SL at 81.9
Can We BUY ITC NOW For Short TermNSE:ITC
In Previous Week Candle Has Form A Tail Formation Which Is Good Indication Of Efforts To Stop The Fall Or Of Good Buying.
In Last Week Again We Have Seen Good Efforts To Push Prices Up In Itc.
Which Indicates Itc Is Stronger Than Index As We Haven't Seen Major Down Move In Stock.
We Can Prefer This Stock For Holding Period Of 2-3 Months.
Stop Loss Below 195 Closing Basis
The Evergreen ITC PuzzleNSE: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 out of a falling trendline (as shown by arrow). There are still some near term resistances as you can see in chart but could this breakout be the move that everyone has been waiting for? Only time will tell.
Great Time to Enter ITC ?NSE:ITC
Well I think it's the great time to enter ITC
We all see memes and discussion about ITC, since feb2021 the stock is fluctuating between price 200-225/-.
CMP: 205.90
It formed a beautiful Triangle pattern on Daily Time Frame. There is no crossover between 50 & 200 EMA at this prevailing price, but what's the benefit when the opportunity is missed?
Target: 300+/- Sl: 197/-
The above brief was just an Idea I suggest to whoever reading this do his own research and invest. Thank You
Bearish Butterfly- ITC - Daily TF.Hello,
Pattern : Bearish Butterfly
Stock : NSE:ITC BSE:ITC
Time Frame : Daily.
Always look for reversal patterns in rectangle box area which is a reversal zone and take trade basis on it.
Note : This chart is only for study and reference purpose.
ITC Interesting Buildup "ABCD" + "PITCHFORK"NSE:ITC ITC is in a safe sector but market conditions can bring the prices down. ITC can be good short candidate below 175, see the chart for further levels and updates.
strated acumulating fmcg giants base building started the etf holdings are the fmcg giants of india and have started to make a base around here i dont want to take a bulk trade at the bottom i dont want to find the bottom and will accumulate this etf for a good exit price in jan end or feb month targets i have not yet figured out the targets but a move above 70 is where i will evaluate again but this a time for me to start accumulate and i expect it to move in tight range and build a base around these levels underlying names that this etf price will reflect are NSE:HINDUNILVR NSE:ITC NSE:NESTLEIND NSE:DABUR BSE:BRITANNIA NSE:MARICO there may be some more names but these are enough for me to build my positions here
strated acumulating fmcg giants base building started the etf holdings are the fmcg giants of india and have started to make a base around here i dont want to take a bulk trade at the bottom i dont want to find the bottom and will accumulate this etf for a good exit price in jan end or feb month targets i have not yet figured out the targets but a move above 70 is where i will evaluate again but this a time for me to start accumulate and i expect it to move in tight range and build a base around these levels underlying names that this etf price will reflect are NSE:HINDUNILVR NSE:ITC NSE:NESTLEIND NSE:DABUR BSE:BRITANNIA NSE:MARICO there may be some more names but these are enough for me to build my positions here
ITC is going to riseNSE:ITC
*Trade Setup*
T1 - 230
T2 - 240
SL - 205
ITC has been trading in a range for a really long time.
200 remains to be a very strong support region and it has taken support over 5 times.
It has formed a triangle pattern so it has the potential to get out of that range and move higher.
Triangle pattern with 3 resistance is a good setup with high probability.
*Trade Confirmations*
- It has been trading in a consolidated range for a long time.
- Descending triangle pattern with 3 resistance is good.
- Volume is higher and it has crossed the average volume.
- Triangles are a really good patterns with high probability.
- Fundamentally good company.
Thank you for patiently viewing my ideas/analysis.
I appreciate it!
Let me know in the comments if you have any doubts or feedbacks
ITC is a Gem for the next decade.NSE:ITC
ITC formed two bullish patterns simultaneously.
Cup and Handle
Bullish flag
A successful breakout was observed on 4 feb 2021
Target 1-250
Target 2- 270
Target 3- 280
I can be 100% wrong.
Please analyze personally before ang trade.
Happy Trading!
ITC is ready to Take Off!NSE:ITC
Bullish view on ITC as it has given a breakout to a Cup pattern.
Target- 250
Stop Loss- 200
ITC is read for short if it breaks @185 levelNSE:ITC
ITC is making divergence in multiple timeframes and it's a downtrend.
Sell only if it will break 185 support level.
ITC good trade tow trade short term & long term Itc is flag pattern is continue running & short trade is raising wedge pattern break out its large cap company have more safety if something going wrong
Short trade target as chart pattern - 556rs
Long term target as per char NSE:ITC t - 600
ITC in Multi-month BreakoutITC NSE:ITC is moving towards Breakout and you can buy above 455.
Target would be 485
IMPORTANT LEVELS FOR THE MONTHNSE:ITC BSE:ITC
All these levels are for upside move, until price is holding these levels try to look for long position on every level.
I am expecting a upside momentum.
These levels are so simple so don't get confused .
If you are looking for the short entry then enter near or at the level or if you are planning long then also plan it near or at the level. It will help to minimise stoploss.
My view is long and buying on dip is a ideal strategy until it falls below the levels.
I will try to update these levels if it is required.
All the best folks.
ITC 15M (23 MARCH 2023))NSE:ITC
itc given a breakout it may be fake one like previous so we can wait.
after retracement can go target will be 381.70.
otherside can go again downside
as before which is exact the resistance level.
