ITC LONG INTRADAY 19 JUL,2021Dear trader,
If u look at the chart of ITC (analysis based intraday only) the ITC Buy at 205 and Target at 209
Best Buy at 204.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
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ITCGX trade ideas
Long side Break Out Opportunity in ITCLong side Break Out Opportunity in ITC
TARGET 1 -> 230
TARGET 2 -> 300
STOPLOSS -> 190
1. Near to breaking out of this triangle zone
2. Good upside potential
3. Accumulate below 210
4. Very undervalued
5 . Overall bull run in market can support
6. expectation for up coming result in August
IIFLSec- Price Action analysisIIFLSec has broken above 72 level with Strong Move up to 75-76 level on back of strong volume push. VPA analysis of the subsequent retracement is indicating very little Selling happening on the counter.
Positionally the stock is in a established Bull trend expecting to touch 100, 120 on charts in the next 3 months.
View invalid below 50 EMA on 4 hour chart at 59 levels. Target1 has a good R:R at 1:3 at 100 and 1:5 at 120 Levels.
ITC/Nifty Ratio - Telling some different perspectiveITC/Nifty Ratio chart is now very close to its long term support line. Invariably it has bounced from here and significantly as the past tells us so. ITC may have some more pain left, but the memes days are seem to be numbered. ITC might revolt sooner.
DISC: Not a SEBI Regd. I post charts for my own study.