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Technicals for ITC Limited
By MusingTheNews
2025-05-30 20:40
Overall Technical outlook
Price Summary
ITC Limited's stock opened at 419.1 on 2025-05-30, surged to 420.05, dropped to 416.4, and ended -0.25% down at 418.05, with 30649549 shares traded. In the past year, the highest stock price was 522.75, and the lowest was 394.85. Analysts expect the price of ITC to vary between 425.0 and 567.0, with an average expected price near 500.5263.
Technicals
Support and Resistance: The price is currently at 418.05, supported by 410.25 and resisted by 432.85. This indicates a range where 410.25 may provide a base for the price, while 432.85 serves as a cap on further upward movement for ITC. Support/Resistance for ITC
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ITC, with no strong trend emerging. Aroon chart for ITC Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for ITC Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for ITC Limited
Stochastic: The Stochastic K-line has dropped beneath the D-line and is below 20, indicating a mildly bearish outlook. This suggests that the market might experience some downward movement, though the bearish sentiment is mild. Investors should keep an eye on this trend for further confirmation. Stochastic chart for ITC Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for ITC Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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