ITC

ITC Outlook for the Week (August 09,2021 – August 13,2021)

ITC  Outlook Weekly and Analysis:

For the Week: (August 09,2021 – August 13,2021)

BSE: 500857| NSE: ITC| ISIN: INE154A01025 | SECTOR: FMCG

ITC Share Price: 214.25 (NSE)

ITC closed the Week on Positive Note Gaining  4.54%

Weekly High: 216.75

Weekly Low: 205.45

Weekly Range: 11.30 points

Weekly Support & Resistance for ITC Limited:

RESISTANCE 2222
RESISTANCE 1218
SUPPORT 1207
SUPPORT 2200

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 207 Levels, Minor resistance on the upside is capped around 218 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 @ 200 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 @ 222

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 222 on upside and 200 on downside.

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