The company has declared the demerger of the Hotel business making the value unlocking. Also the global export in agri business is expected to have a greater boost with the war and flooding situation in middle east will boost the revenue and prices. Above mentioned targets can eb achieved short to medium term.
Looks like ITC has done well so if one has to enter in this stock 400 or 355 will be a good place, so I think it has to correct more lets see what happens
Target 1: 400
Target 2: 355
ITC: Coiling Up for a Potential Breakout? Long-Term Bullish, But Near-Term Watchlist
ITC has been consolidating within a range for a while, suggesting a period of indecision between buyers and sellers. This sideways movement could be a precursor to a breakout.
Long-Term Outlook:
The long-term picture for ITC remains bullish. The company boasts strong...
Turns out, A farmer is no different from an investor. Here are a few qualities that every investor must inculcate in themselves.
- Do not shout at the crops: Just as a farmer doesn't shout at their crops, investors should remain patient and avoid making impulsive decisions when market conditions are unfavorable.
- Do not blame the crop for not growing fast...
ITC might give a good INTRADAY to SWING trade with a decent stoploss and good Targets
ENTRY - 426.5
STOPLOSS - 423
TARGET - 436, 440++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like...
Very low risk entry available in itc. buy above 415 only because it is basically in down trend . but volume is gud on last buying candle.
399 will be SL
and the target will be all time high.
only one problem with this stock 200 MA may work as a resistance. first see the price action near its 200 MA.
it has gud potential for upside . Follow strict SL & Proper...
It seems island structure is in teh making in ITC. If that happens we can see great downside from current level in ITC. Tomorrow if and when it crosses below todays low, i'll take short position
Not an advisory to trade - I am not a qualified Financial SEBI advisor.
Please don't trade based on this analysis. I am learning and I just forming the ideas based on what I learned
ITC MIGHT give a good up move as it started reversing from the same buying levels on can try a nice INTRADAY TO SWING TRADE with small STOPLOSS
ENTRY - 408.5
STOPLOSS - 405
TARGETS - 415,420++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my...
Hey folks !
Marked important levels for the week.
Although All the levels have the description but still target are marked with green level and Stoploss is marked with yellow level.
Wait for price to reach its buying area for a better trade.
Risk Reward ratio is 2:1
For any questions just drop a message!
ITC might give a possible up move for good swing or positional trade based on pure price action, volumes and the place it is at. Can take a sharp or a decent u-turn
ENTRY - 404.5-405
STOPLOSS - 398
TARGETS- 415, 425,430++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not...
