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Technicals for ITC Limited
By MusingTheNews
2025-04-25 20:38
Overall Technical outlook
Price Summary
On 2025-04-25, ITC Limited's stock began at 430.05, peaked at 432.7, declined to 423.3, and ended the day -0.52% down at 427.8, with 22943185 shares traded. In the 52-week period, the stock's peak price is 522.75, and the lowest price recorded is 394.85. ITC's future price is expected to lie between 425.0 and 571.0, with an average expectation of 510.59232, as per the recommendations of 38 analysts.
Technicals
Support and Resistance: The price for ITC at 427.8 is supported by the 410.25 level and faces resistance at 432.85. This range indicates key levels where the price may find buyers near 410.25 and sellers near 432.85, defining a trading range. Support/Resistance for ITC
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for ITC Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for ITC Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for ITC Limited
Stochastic: The K-line for ITC has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for ITC Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for ITC Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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