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Technicals for ITC Limited
By MusingTheNews
2025-12-12 20:39
Overall Technical outlook
Price Summary
On 2025-12-11, ITC's stock opened at 403.15, reached a peak of 404.0, dropped to 401.1, and ended -0.06% down at 402.9, with a volume of 6979746 shares. Over the past year, the stock's highest price was 489.05, and its lowest was 394.85. Future price predictions suggest a range between 425.0 and 567.0, with an average expected price of 492.83334, as per 36 analysts.
Technicals
Support and Resistance: The price currently sits at 402.9, finding support at 399.35 and resistance at 407.25. These levels define a range for ITC Limited where the price may move, with 399.35 offering a base and 407.25 limiting upward momentum. Support/Resistance for ITC
Aroon: The current state of the AROON is neutral for ITC, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for ITC Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for ITC Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for ITC. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for ITC Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for ITC Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages points to a bullish trend, though the slopes of the faster averages suggest a potential reversal. The weakening momentum in these shorter-term averages indicates that the current trend may not be sustainable for ITC, raising the possibility of a change in direction. Tripple SMA chart for ITC Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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