ITC finding trend line support @ 276.40, correction expecting as long as it holds above.

ITC Ltd share price forecast
itc ltd share price forecast

Stock witnessed strong selling pressure yesterday and opened with a gap down after a news of government increasing taxes on cigarettes under the goods and services tax (GST). Technical analysis chart indicates that stock say a small bounce back from its trend line support and so far its holding above its trend line. As long as stock holds above its trend line correction expecting in ITC. Further bears action expecting once stock closes and holds below 276.50. Visit this page for ITC Ltd share price forecast. Visit link for Idea Cellular share price forecast.

For today’s trading (20-07-17) share price of ITC Ltd trading with a loss of Rs. 1.50 (-0.50%) at Rs. 290 at 1:46 pm at NSE. Stock opened 294, intraday high 294.90 and intraday low 291.45. Total traded volumes so far were 10106780. ITC Ltd 52 weeks high 367.70 and 52 weeks low 222.