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ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (December 04, 2023 – December 08, 2023)

ITC
ITC
ITC closed the previous week on a negative note losing 3.73%.

Technically, ITC share price will see immediate support at 438.98 and immediate resistance would be seen at 455.78.

If ITC share price closes below immediate support of 438.98, then sharp breakdown can be seen. ITC share price will see major support at 428.17 for the week.

On the positive side, immediate resistance will be seen at 455.78. Closing above 455.78, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 461.77 for the week.

Trading range for ITC share price for this week should be between 422.18 on down side and 472.58 on up side.

ITC Previous Week High: 450.95

ITC Previous Week Low: 434.15

ITC Previous Week Range: 16.8 Points

ITC share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 472.58
Resistance 2 461.77
Resistance 1 455.78
Support 1 438.98
Support 2 428.17
Support 3 422.18
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{"buy_point":[{"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},{"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":"2023-11-28","en_sup_p_91":"435.68","en_sup_t_91":"441.88","prev_close":"437.80","en_close":"435.25","new_date":"Nov 28","prev_close_no":437},{"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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