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...
ITC not enter at support zone 372/396 if not close below we again seen up side.
Everything is pretty much explained in the picture itself. For any query kindly dm. Thank you So Much.
Please do not trade without doing your own analysis If goes below 404 ,go for 394 level as Target Next target 368 Now, there is not trendline support so it may go down and we can not expect to going it again in higher sides. THANK YOU TRADE CAREFULLY ASK FOR MORE NEEDED.
ITC seems to have completed its downward swing. I think we hsould take chance with it for 5-10% upside.
Stock name = ITC Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - D Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am...
Expecting a Reversal From Here . All information is for educational purposes only, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. im are not responsible for any profit/loss you made.
So we've discussed about ITC previously There was a gap down opening in the stock It could not survive this selling momentum So it fallen till /near 413 it shows this could be more worse . We can see 370-355 levels this stock. YOU CAN ASK FOR YOUR FAVOURITE STOCK TO DISCUSS . THANK YOU
ITC WEEKLY CHART Ellipse breakdown @ 425 MOB @ 370-360 MOB time frame 8th Feb - 13th May This stock has witnessed an ellipse breakdown @ 425 levels, MOB projected @ 370-360 levels with expected time frame of 8th Feb- 13th May. Its only an observation & not any suggestion or recommendation.
#ITC ITC LTD looks bad here. Market Structure is bearish, price can go lower. ₹445-₹460 can be a good level to short if market gives a chance in future. There is a gap/ inefficiency that price has left above, which might get mitigated in future.
See ITC has taken retest of blue trendline ,200 sma and Sup/Resistance zone . So if we take precaution then if it goes below 340 and retest at red trendline, there is going to be rapid hole 513 STAY Tuned for updates
ITC made a base at 424 and is prepared for next move. a move above 482 is good to enter We can see 600 levels in ITC in next year. stop loss is 424
We can see trendline and extran crucial support zone have stopped ITC from a freefall. If any bad news or rumors does not come there will a bull or trapping in these Trend lines and the next resistance
ITC at critical support might give a good up move with small STOPLOSS good for swing and positional trade Entry : above 442 Stop loss : 437 (can trail to 440 if sustains above 445) Target: 450, 458, 465++ (Might go above 500 for positional) Note- I'm not sebi registered this is my personal view
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.
ITC can start a new run after results if holds 435 levels.. Buy in 4440-445 range with 435 stop los short term or 425 medium term with a target of 500 to 530 levels..
My indicator is showing that current swing on the down side has ended . I think, if ITC is green tomorrow, i would like to take a position in this. Please share if you think otherwise.