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ITCMARKET OUTLOOKSTOCK OUTLOOK

ITC Outlook for the Week (May 13, 2024 – May 17, 2024)

ITC
ITC
ITC closed the previous week on a negative note losing 5.08%.

Technically, ITC share price will see immediate support at 422.47 and immediate resistance would be seen at 445.12.

If ITC share price closes below immediate support of 422.47, then sharp breakdown can be seen. ITC share price will see major support at 411.58 for the week.

On the positive side, immediate resistance will be seen at 445.12. Closing above 445.12, ITC share price will see a sharp breakout. Major resistance for ITC share price will be seen at 456.88 for the week.

Trading range for ITC share price for this week should be between 399.82 on down side and 467.77 on up side.

ITC Previous Week High: 446

ITC Previous Week Low: 423.35

ITC Previous Week Range: 22.65 Points

ITC share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 467.77
Resistance 2 456.88
Resistance 1 445.12
Support 1 422.47
Support 2 411.58
Support 3 399.82
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