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.
support 430 resistance level 460 cross upper resistance level 495 Moving averages in line EMA 21/50/200 RSI above 60 daily / weekly / monthly
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.
According to Elliott wave theory bullish trend is over on weekly maybe it will go on downtrend
ITC Ltd Clear Breakout Above 457 Buy Above 457-460 Stoploss : 448 Target : 464-472 Holding : 1-2 Month Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
itc, same for this also, if shows some positive movement, can go long in it with new low as stoploss. if it continues uptrend then enjoy the uptrend ride. thanks for giving your valuable time to see my analysis. do share your views in comments, thanks.
The ITC saga after a multi-year break the stock price doubled from 250 to a high of 500 during this phase the stock started to form strong bases and break out of the bases have been strong in the past with 35% rally in the last base
Monday view face resistance at 480, check for support area to buy , two support zones
Stock name = ITC Limited. ✅ #ITC trading above Resistance of 480 ✅ Next Resistance is at 498 Daily 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. Disclaimer: This is for demonstration and educational purpose only. this...
Itc gave nice break out at 438-40 and now consolidated near crucial resistance.. and can give a good returns if breaks 458 Right now one can enter above 452 with SL of 444 for swing or go long till 500 or above levels I'm not sebi registered.. it's my own idea or strategy.
ITC cmp.479 Break the Strong Resistance If sustain Above 480 More upside seen possible target for 498-520-543
Start accumulating the stock cause it’s taken support from the Weekly trendline yet again. Just watch how it reacts near 450-452 zone, and act accordingly. Happy Trading !!!
Scenario 1 - If stock opens positive and move towards high then wait for the strong resistance and look for shorting opportunity Scenario 2 - If stocks opens negative and move towards lower side then wait for the support and take entry when the support gets break.
ITC chart in symmetrical triangle finished. and now going on bullish flag pattern. its telling strong up trend.