Just take a look ITC 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.
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ITCGX trade ideas
ITC WEEKLY CHARTITC 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 MIGHT GET BULLISHITC 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
ITC Ltd : Clear Breakout Above 457 with SL 448ITC 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 - Long Setup , Move is ONStock 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 is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.