Nar

ITC LONG TERM

NSE:ITC   ITC LTD
itc
ITC has generally shown weakness compared to the FMCG Index and underperformed the BSE500 in the past 3 years. The current price is also below the 52 week EMA . The relative strength benchmark is also showing sideways movement over the past 2 years. The stock is still in bearish territory. I would watch out for the breaks in the trend shown on the RSB and 52 week EMA . Recommend hold on this stock until a decisive breach or positive factors confirming an uptrend is seen.
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