Sunday, March 30, 2014

ITC (ITC)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks

ITC Closes  at  `358.84  with a Fall  of -0.40% on 28  March 2014 with formation of  a  Red Candle & Bearish Bat Pattern on Daily  Price Chart with Huge Delivery Volume at NSE. Technically,  ITC  is  Looking Week  on Daily Charts. Major Momentum Indicators are Loosing Strength on Daily Price Chart.
We Recommend to SELL:  ITC   ` Below 357.23                  
Target : `348.00/330.26/303.30
Stop: Loss :`359.70
Time Frame: 10-25 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm in Durgapur, West Bengal, India that covers all Stocks(Traded at NSE) & In-Depth Analysis of Indian Equity Market, Major World Indicies, Bonds, ETFs. We use   Ami Broker   Charting Software (V-5.65),     Pattern Explorer (V-4.25) &   Ami Tools-Power Scan(V-1.3.6).
You can reach the Chartist here mail@niftynext.com Or Tel / SMS:  +91 880 2230 836.

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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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