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ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (January 15, 2024 – January 19, 2024)

ITC
ITC
ITC closed the previous week on a negative note losing 3.25%.

Technically, ITC share price will see immediate support at 459.33 and immediate resistance would be seen at 474.78.

If ITC share price closes below immediate support of 459.33, then sharp breakdown can be seen. ITC share price will see major support at 451.97 for the week.

On the positive side, immediate resistance will be seen at 474.78. Closing above 474.78, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 482.87 for the week.

Trading range for ITC share price for this week should be between 443.88 on down side and 490.23 on up side.

ITC Previous Week High: 475.5

ITC Previous Week Low: 460.05

ITC Previous Week Range: 15.45 Points

ITC share price support and resistance for the week (January 15, 2024 – January 19, 2024)

Level Type Value
Resistance 3 490.23
Resistance 2 482.87
Resistance 1 474.78
Support 1 459.33
Support 2 451.97
Support 3 443.88
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{"buy_point":[{"en_ltd":"2023-12-27","en_sup_p_91":"457.08","en_sup_t_91":"449.11","prev_close":"456.45","en_close":"457.10","new_date":"Dec 27","prev_close_no":456},{"en_ltd":"2023-12-14","en_sup_p_91":"458.74","en_sup_t_91":"447.58","prev_close":"455.65","en_close":"460.10","new_date":"Dec 14","prev_close_no":455},{"en_ltd":"2023-12-01","en_sup_p_91":"441.19","en_sup_t_91":"438.26","prev_close":"435.80","en_close":"449.80","new_date":"Dec 1","prev_close_no":435}],"sell_point":[{"en_ltd":"2024-01-08","en_sup_p_91":"470.16","en_sup_t_91":"478.03","prev_close":"473.95","en_close":"465.50","new_date":"Jan 8","prev_close_no":473},{"en_ltd":"2023-12-20","en_sup_p_91":"451.30","en_sup_t_91":"462.09","prev_close":"456.10","en_close":"451.00","new_date":"Dec 20","prev_close_no":456},{"en_ltd":"2023-12-08","en_sup_p_91":"454.13","en_sup_t_91":"462.70","prev_close":"458.10","en_close":"449.15","new_date":"Dec 8","prev_close_no":458}]}

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