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Check ITC Full Analysis At Unicorn Signals
ITC Outlook Weekly and Analysis:
For the Week: (Dec 05, 2022 – Dec 09, 2022)
Check ITC Full Analysis At Unicorn Signals
BSE: 500857| NSE: ITC| ISIN: INE154A01025 | SECTOR: FMCG
ITC Share Price: 337.15 (NSE)
ITC closed the Week on Negative Note losing 0.93%
Weekly High: 345
Weekly Low: 336.75
Weekly Range: 8.25 points
Weekly Support & Resistance for ITC Limited:
| RESISTANCE 2 | 348 |
| RESISTANCE 1 | 343 |
| SUPPORT 1 | 334 |
| SUPPORT 2 | 331 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 334 Levels, Minor resistance on the upside is capped around 343 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 @ 331 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 @ 348
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 348 on upside and 331 on downside.
