ITC is trading at ₹474.65, Nearing a Breakout
ITC is trading at ₹474.65, nearing a breakout from a falling trendline with rising volumes. The stock rebounded strongly from support, surpassing its 200-day EMA and trading near the 20-day EMA, reflecting bullish momentum. RSI at 45.57 indicates potential upward strength. Sustaining above ₹490 could lead to a target of ₹520, with a stop loss at ₹452, offering a favorable risk-reward setup.
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Disclaimer: Consult certified experts before making investment decisions.
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