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By EquityPandit

ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (March 18, 2024 – March 22, 2024)

ITC
ITC
ITC closed the previous week on a negative note losing 8.82%.

Technically, ITC share price will see immediate support at 399.63 and immediate resistance would be seen at 438.28.

If ITC share price closes below immediate support of 399.63, then sharp breakdown can be seen. ITC share price will see major support at 380.17 for the week.

445.00445.00440.00440.00435.00435.00430.00430.00425.00425.00420.00420.00415.00415.00410.00410.00405.00405.00400.00400.00395.00395.00Feb 5Feb 5Feb 8Feb 8Feb 13Feb 13Feb 16Feb 16Feb 21Feb 21Feb 26Feb 26Feb 29Feb 29Mar 4Mar 4Mar 7Mar 7Mar 13Mar 13Reversal Level 418.51BuyBuySell

On the positive side, immediate resistance will be seen at 438.28. Closing above 438.28, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 457.47 for the week.

Trading range for ITC share price for this week should be between 360.98 on down side and 476.93 on up side.

ITC Previous Week High: 438

ITC Previous Week Low: 399.35

ITC Previous Week Range: 38.65 Points

ITC share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 476.93
Resistance 2 457.47
Resistance 1 438.28
Support 1 399.63
Support 2 380.17
Support 3 360.98
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{"buy_point":[{"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":"2024-03-12","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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