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By EquityPandit

ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (April 08, 2024 – April 12, 2024)

ITC
ITC
ITC closed the previous week on a negative note losing 2.73%.

Technically, ITC share price will see immediate support at 421.07 and immediate resistance would be seen at 432.87.

If ITC share price closes below immediate support of 421.07, then sharp breakdown can be seen. ITC share price will see major support at 414.58 for the week.

440.00440.00435.00435.00430.00430.00425.00425.00420.00420.00415.00415.00410.00410.00405.00405.00400.00400.00395.00395.00Feb 22Feb 22Feb 27Feb 27Mar 1Mar 1Mar 5Mar 5Mar 11Mar 11Mar 14Mar 14Mar 19Mar 19Mar 22Mar 22Mar 28Mar 28Apr 3Apr 3Reversal Level 422.29BuyBuyBuySellSell

On the positive side, immediate resistance will be seen at 432.87. Closing above 432.87, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 438.18 for the week.

Trading range for ITC share price for this week should be between 409.27 on down side and 444.67 on up side.

ITC Previous Week High: 431.7

ITC Previous Week Low: 419.9

ITC Previous Week Range: 11.8 Points

ITC share price support and resistance for the week (April 08, 2024 – April 12, 2024)

Level Type Value
Resistance 3 444.67
Resistance 2 438.18
Resistance 1 432.87
Support 1 421.07
Support 2 414.58
Support 3 409.27
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{"buy_point":[{"en_ltd":"2024-03-22","en_sup_p_91":"422.99","en_sup_t_91":"416.08","prev_close":"421.25","en_close":"428.60","new_date":"Mar 22","prev_close_no":421},{"en_ltd":"2024-03-13","en_sup_p_91":"411.18","en_sup_t_91":"418.51","prev_close":"404.45","en_close":"422.45","new_date":"Mar 13","prev_close_no":404},{"en_ltd":"2024-03-07","en_sup_p_91":"412.63","en_sup_t_91":"401.55","prev_close":"407.85","en_close":"413.55","new_date":"Mar 7","prev_close_no":407}],"sell_point":[{"en_ltd":"2024-03-18","en_sup_p_91":"418.51","en_sup_t_91":"428.97","prev_close":"419.10","en_close":"417.45","new_date":"Mar 18","prev_close_no":419},{"en_ltd":"2024-03-12","en_sup_p_91":"405.12","en_sup_t_91":"411.18","prev_close":"409.40","en_close":"404.45","new_date":"Mar 12","prev_close_no":409}]}

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