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ITC

ITC Outlook for the Week (July 12, 2021 – July 16, 2021)

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

ITC Share Price: 201.35 (NSE)

ITC closed the Week on Negative Note Losing 0.52%

Weekly High: 205.20

Weekly Low: 200.90

Weekly Range: 4.30 points

Weekly Support & Resistance for ITC Limited:

RESISTANCE 2206.70
RESISTANCE 1204
SUPPORT 1199.70
SUPPORT 2198

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 199.70 Levels, Minor resistance on the upside is capped around 204 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 @ 198 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 @ 206.70

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 206.70 on upside and 198 on downside.

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