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ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (February 12, 2024 – February 16, 2024)

ITC
ITC
ITC closed the previous week on a negative note losing 7.90%.

Technically, ITC share price will see immediate support at 401.52 and immediate resistance would be seen at 436.57.

If ITC share price closes below immediate support of 401.52, then sharp breakdown can be seen. ITC share price will see major support at 387.53 for the week.

On the positive side, immediate resistance will be seen at 436.57. Closing above 436.57, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 457.63 for the week.

Trading range for ITC share price for this week should be between 366.47 on down side and 471.62 on up side.

ITC Previous Week High: 443.65

ITC Previous Week Low: 408.6

ITC Previous Week Range: 35.05 Points

ITC share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 471.62
Resistance 2 457.63
Resistance 1 436.57
Support 1 401.52
Support 2 387.53
Support 3 366.47
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{"buy_point":[{"en_ltd":"2024-01-16","en_sup_p_91":"471.09","en_sup_t_91":"462.12","prev_close":"467.60","en_close":"472.30","new_date":"Jan 16","prev_close_no":467}],"sell_point":[{"en_ltd":"2024-01-23","en_sup_p_91":"463.21","en_sup_t_91":"474.37","prev_close":"468.40","en_close":"459.30","new_date":"Jan 23","prev_close_no":468},{"en_ltd":"2024-01-08","en_sup_p_91":"470.16","en_sup_t_91":"478.03","prev_close":"473.95","en_close":"465.50","new_date":"Jan 8","prev_close_no":473}]}

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