ITC Short Term Analysis With Stop Loss AND Targets STOP LOSS- 190 TARGET - 222 TARGET - 251 TARGET - 279
Last Analysis Not failed, but Triangular consolidation happening.
ITC TRADING IN BIG RANGE OF 200 AND 235... NO BIG MOVE ON EITHER SIDE EXPECTED UNTILL THIS RANGE BREAKS... AS PER CHARTS ITC TRADING IN MONTHLY TIMEFRAME CORRECTION...
well this stock had a bizarre pattern some time ago and now we can finally see a better picture, making a descending triangle: the breakout of it can give good breakouts to this stock finally :) Happy trading :)
ITC bounced from the important level on the weekly time frame, suggesting buying still comes, whenever prices reach this zone , hence called happy zone for the buyers. In the near term, it could move up to 213 levels and would zoom up above 215 levels 240 levels.
all moving averages are together breakout with volume in weekly chart also moving averages are converging
This is the EW Wave counts based on Monthly time frame log scale. (1) See how the Magenta Trendlines are driving the prices. These are long term and solid structure contained within the trendlines. Lower Trend line provides the support and the upper trendline provides the resistance. (2) Waves counted in in Red shows major/monthly elliott wave cycles. Waves in...
ITC is currently forming a falling wedge pattern once it breaks out it provides a fresh buying opurtunity
The above chart NSE:ITC can either breakout or break down in the future with the future trends. time frame = 1D disclaimer: education purposes only
POS. ADD ITC AT 213/200 UP SIDE WE SEEN 233-255-277+ IF CLOST OR SUTAIN ABOVE 240 SKY IS THE LIMIT
Itc showing upward momentum. Levels marked resistance defined Channel plotted
ITC all time favourites of retailers. In weekly chart another break out scenario and heavy volume in last candle and RSI above 60. I'm already bullish on ITC when it's breaked 195 level.
ITC looks like change their trend. RSI already given trend line break out. Price chart given trend line to break out. Key level is 195.55, above this level boom. Good to long time.