ITC Ltd., as the stock remains in an upward trend and is trading above its 21-day EMA at ₹505.78. Currently priced at ₹513.20, the stock has dipped slightly by 1.21%, but continues to move within a rising channel pattern. The RSI at 59.14 indicates neutral momentum, suggesting there is room for further gains before the stock becomes overbought. Key resistance lies around ₹520, and a breakout could push the price toward ₹540 or higher. To manage risk, I recommend setting a stop-loss at ₹500, just below the 21-day EMA,
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.