Long Trade in ITC

2024年2月21日

ITC is currently trading at support zone of 400-410 levels & It is consolidating here since 5-7 days.

I am seeing a trading opportunity here.

I am taking long position in ITC march futures at CMP 407.

I will add more position if 402-404 comes.

My stoploss would be 397.

Target would be 425.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purpose. Thanks!

2024年2月21日

交易开始

added more at 402.

Holding long position with 398 SL.

2024年2月22日

交易开始

CMP 415

3.10 % in profit.

Long position open & holding with 405 stoploss.

2024年2月28日

交易开始

CMP 411

Trading in a small range.

2024年3月6日

交易开始

CMP 408

Trading sideways but didn't hit neither SL nor target.

Expecting to hit target soon.

2024年3月7日

交易开始

adding huge position in ITC 420 CE

CMP 4.10

Expecting it to get 2x-3x by next week.
will exit if ITC goes below 400.

2024年3月11日

交易开始

ITC 420 CE
CMP 8.50
From 4.10 to 8.50
2x move done. booking CE here :)


Future is just 5 rupees away from target.

2024年3月12日

交易结束：到达目标

2024年3月13日

交易结束：到达目标

ITC 420 CE
CMP 20

from 4.10 to 20

although I booked at 2x only, It's now 5x from my buy level. This is what I was expecting. :)
Future at 439.