Signals, Powered By EquityPandit
ITC Outlook Weekly and Analysis:
For the Week: (June 28,2021 – July 02,2021)
BSE: 500857| NSE: ITC| ISIN: INE154A01025 | SECTOR: FMCG
ITC Share Price: 205.05 (NSE)
ITC closed the Week on Positive Note Gaining 0.24%
Weekly High: 206.25
Weekly Low: 202.40
Weekly Range: 3.85points
Weekly Support & Resistance for ITC Limited:
| RESISTANCE 2 | 208.40 |
| RESISTANCE 1 | 206.70 |
| SUPPORT 1 | 202.90 |
| SUPPORT 2 | 200.70 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 202.90 Levels, Minor resistance on the upside is capped around 206.70 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 200.70 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 208.40
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 208.40 on upside and 200.70 on downside.
