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ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (August 21, 2023 – August 25, 2023)

ITC
ITC
ITC closed the previous week on a negative note losing 4.13%.

Technically, ITC share price will see immediate support at 434.30 and immediate resistance would be seen at 453.20.

If ITC share price closes below immediate support of 434.30, then sharp breakdown can be seen. ITC share price will see major support at 426.95 for the week.

On the positive side, immediate resistance will be seen at 453.20. Closing above 453.20, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 464.75 for the week.

Trading range for ITC share price for this week should be between 415.40 on down side and 472.10 on up side.

ITC Previous Week High: 457.4

ITC Previous Week Low: 438.5

ITC Previous Week Range: 18.9 Points

ITC share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 472.10
Resistance 2 464.75
Resistance 1 453.20
Support 1 434.30
Support 2 426.95
Support 3 415.40

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