ITC Outlook for the Week (June 29, 2020 – July 03, 2020)

Stock closed the week on Positive getting 6%.

Week High:209.40.

SECTOR: FMCG.

Week Low:183.15.

EquityPandits Outlook for ITC for the week (June 29, 2020– July 03, 2020):.

Week Range: 26.25 points.

ITC Ltd

ASSISTANCE 2.
170.

ASSISTANCE 1.
182.

. Technically on the everyday charts EquityPandits Analyst see: Minor support on the disadvantage lies at 188.60 Levels, Minor resistance on the upside is capped around 209 levels.

WEEKLY PIVOT LEVELS:.

RESISTANCE 1.
209.

SECTOR: FMCG.

RESISTANCE 2.
222.

ITCITC OutlookITC Stock Movement.

Stock is trading below 200 days rapid moving average, recommends long term pattern is bearish. EquityPandit anticipates variety for the week as 217 on upside and 180.50 on downside

If stock breaches small support on the drawback and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 180.50 and If stock breaches small resistance on the advantage and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 217.

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