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ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (March 04, 2024 – March 08, 2024)

ITC
ITC
ITC closed the previous week on a negative note losing 2.09%.

Technically, ITC share price will see immediate support at 404.95 and immediate resistance would be seen at 413.60.

If ITC share price closes below immediate support of 404.95, then sharp breakdown can be seen. ITC share price will see major support at 400.40 for the week.

On the positive side, immediate resistance will be seen at 413.60. Closing above 413.60, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 417.70 for the week.

Trading range for ITC share price for this week should be between 396.30 on down side and 422.25 on up side.

ITC Previous Week High: 413.15

ITC Previous Week Low: 404.5

ITC Previous Week Range: 8.65 Points

ITC share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 422.25
Resistance 2 417.70
Resistance 1 413.60
Support 1 404.95
Support 2 400.40
Support 3 396.30
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