
RDX
1.9K posts

RDX
@RRdx23
यदा यदा हि धर्मस्य ग्लानिर्भवति भारत। अभ्युत्थानमधर्मस्य तदात्मानं सृजाम्यहम्













Good Morning ☀️ guys Stock no 1 💥: ITC Limited CMP: 291 📊 Best buy zone: 265–275 ✍️ After the Covid crash, the stock formed a Cup & Handle pattern. The breakout happened on 16 May 2022, and from that level the stock delivered ~48% return within 10 months. 🎯 One rule I always follow: Always exit at your target. After achieving the target, for almost 3 years the stock didn’t give any strong technical buy signal, which is why I never shared this level earlier. But now the chart is getting interesting again. 📈 The stock is approaching the same level from where the previous rally started. Strategy: • CMP: 291 • Accumulation Zone: 265–275 (around ~10% below CMP) • Possible Target: 468 💰 Fundamentals also support the story: • Dividend Yield ~5% • ROCE above 30% • ROE around 27% Many people say the company is growing only ~10%. Exactly that’s why we look for opportunities when price gives a discount appox 50% 📚 Do your own study. Charts attached. Questions are welcome in the comments. #stockmarketindia #priceaction #swingtrading #ITC #stockstobuy


En route to India! Three days from Mumbai to New Delhi to take our strategic partnership even further. On board with me: business leaders and the economic, industrial, cultural and digital players who give real, tangible life to the ties between India and France. Together, we will go even further in our cooperation. See you tomorrow, my dear friend @NarendraModi!























