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By EquityPandit

ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (November 27, 2023 – December 01, 2023)

ITC
ITC
ITC closed the previous week on a negative note losing 1.75%.

Technically, ITC share price will see immediate support at 434.12 and immediate resistance would be seen at 441.87.

If ITC share price closes below immediate support of 434.12, then sharp breakdown can be seen. ITC share price will see major support at 430.43 for the week.

460.00460.00455.00455.00450.00450.00445.00445.00440.00440.00435.00435.00430.00430.00425.00425.00Oct 13Oct 13Oct 18Oct 18Oct 23Oct 23Oct 27Oct 27Nov 1Nov 1Nov 6Nov 6Nov 9Nov 9Nov 13Nov 13Nov 17Nov 17Nov 22Nov 22Reversal Level 435.68BuySell

On the positive side, immediate resistance will be seen at 441.87. Closing above 441.87, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 445.93 for the week.

Trading range for ITC share price for this week should be between 426.37 on down side and 449.62 on up side.

ITC Previous Week High: 442.25

ITC Previous Week Low: 434.5

ITC Previous Week Range: 7.75 Points

ITC share price support and resistance for the week (November 27, 2023 – December 01, 2023)

Level Type Value
Resistance 3 449.62
Resistance 2 445.93
Resistance 1 441.87
Support 1 434.12
Support 2 430.43
Support 3 426.37
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{"buy_point":[{"en_ltd":"2023-11-06","en_sup_p_91":"435.26","en_sup_t_91":"428.58","prev_close":"433.25","en_close":"435.35","new_date":"Nov 6","prev_close_no":433}],"sell_point":[{"en_ltd":"2023-10-20","en_sup_p_91":"448.41","en_sup_t_91":"450.31","prev_close":"450.40","en_close":"438.30","new_date":"Oct 20","prev_close_no":450}]}

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