ITC Limited Sponsored GDR RegS forum

#ITC
STOCK NAME: ITC LTD (NSE)
CHART ANALYSIS: Symmetrical triangle within an uptrend channel.
Approaching apex, breakout or breakdown will give major move. Trading near critical support.
TREND: Consolidation inside Medium-term Uptrend
SUPPORT: 413/*398
RESISTANCE: *428/440/455
TRADE SETUP:
BUY above 428 | SL 416 | Targets 440 / €455
X SELL below *413 | SL 423 | Targets ₹400 / €388
I AM NOT SEBI REGISTERED. THIS IS ONLY FOR EDUCATIONAL PURPOSE.

#ITC
Intraday stock for 23/05/2025
ENTRY:-426.10
SL:-423
TARGET:-432
TARGET 2:-437
Disclaimer:-All views are my personal and only for educational purpose.

ITC
As of May 16, 2025, ITC Ltd. (NSE: ITC) is trading around ₹435.70. Analyzing the 4-hour timeframe, the following support and resistance levels have been identified based on various technical indicators:
📊 4-Hour Support & Resistance Levels
Support Levels:
S1: ₹433.28
S2: ₹430.67
S3: ₹429.18
Resistance Levels:
R1: ₹437.38
R2: ₹438.87
R3: ₹441.48
These levels are derived from pivot point calculations and can serve as potential areas where the price might experience support or resistance.
🔍 Technical Indicators Overview
Relative Strength Index (RSI): 58.98 – Indicates neutral momentum.
Moving Average Convergence Divergence (MACD): 3.86 – Suggests mild bullish momentum.
Average Directional Index (ADX): 17.89 – Points to a weak trend strength.
Stochastic Oscillator: 51.37 – Reflects neutral conditions.
Supertrend Indicator: ₹413.32 – Below current price, indicating a bullish signal.
Parabolic SAR: ₹437.35 – Slightly above current price, suggesting potential resistance.
📈 Fibonacci Retracement Levels
Considering the downtrend from ₹491.00 (Jan 3, 2025) to ₹390.15 (Apr 7, 2025), the key Fibonacci retracement levels are:
23.6%: ₹413.95
38.2%: ₹428.67
50%: ₹440.57
61.8%: ₹452.48
76.4%: ₹467.20
These levels can act as potential support or resistance zones as the price retraces its previous move.
🧠 Trading Insights
The current price is approaching the R1 resistance level at ₹437.38.
If the price breaks above this level with strong volume, it may test higher resistance levels.
Conversely, if it fails to break through, it might retrace to the support levels mentioned above.
Traders should monitor these levels closely and consider using stop-loss orders to manage risk.
As of May 16, 2025, ITC Ltd. (NSE: ITC) is trading around ₹435.70. Analyzing the 4-hour timeframe, the following support and resistance levels have been identified based on various technical indicators:
📊 4-Hour Support & Resistance Levels
Support Levels:
S1: ₹433.28
S2: ₹430.67
S3: ₹429.18
Resistance Levels:
R1: ₹437.38
R2: ₹438.87
R3: ₹441.48
These levels are derived from pivot point calculations and can serve as potential areas where the price might experience support or resistance.
🔍 Technical Indicators Overview
Relative Strength Index (RSI): 58.98 – Indicates neutral momentum.
Moving Average Convergence Divergence (MACD): 3.86 – Suggests mild bullish momentum.
Average Directional Index (ADX): 17.89 – Points to a weak trend strength.
Stochastic Oscillator: 51.37 – Reflects neutral conditions.
Supertrend Indicator: ₹413.32 – Below current price, indicating a bullish signal.
Parabolic SAR: ₹437.35 – Slightly above current price, suggesting potential resistance.
📈 Fibonacci Retracement Levels
Considering the downtrend from ₹491.00 (Jan 3, 2025) to ₹390.15 (Apr 7, 2025), the key Fibonacci retracement levels are:
23.6%: ₹413.95
38.2%: ₹428.67
50%: ₹440.57
61.8%: ₹452.48
76.4%: ₹467.20
These levels can act as potential support or resistance zones as the price retraces its previous move.
🧠 Trading Insights
The current price is approaching the R1 resistance level at ₹437.38.
If the price breaks above this level with strong volume, it may test higher resistance levels.
Conversely, if it fails to break through, it might retrace to the support levels mentioned above.
Traders should monitor these levels closely and consider using stop-loss orders to manage risk.

ITC LTD
As of May 1, 2025, at 10:20 AM IST, ITC Ltd (NSE: ITC) is trading at ₹403.05. Based on recent technical analysis, here are the key support and resistance levels for the stock on a weekly (1W) chart:
📊 Weekly Support and Resistance Levels
Immediate Support Levels:
₹402.50
₹394.45
₹388.00
Immediate Resistance Levels:
₹409.10
₹417.30
₹423.75
These levels suggest that if the stock price declines below ₹402.50, it may find support around ₹394.45 and ₹388.00. Conversely, if the price rises above ₹409.10, it could encounter resistance near ₹417.30 and ₹423.75.
🔍 Technical Indicators
ADX (Average Directional Index): 29.19 – indicates a trending market.
RSI (Relative Strength Index): 47.4 – suggests neutral momentum.
MACD (Moving Average Convergence Divergence): -4.66 – indicates a negative trend.
CCI (Commodity Channel Index): 2.74 – suggests neutral momentum.
These indicators suggest a neutral to slightly bearish outlook for ITC in the short term.
📈 Summary
ITC is currently trading near its immediate support levels. A break below ₹402.50 could lead to a decline towards ₹394.45 and ₹388.00. On the upside, resistance is observed at ₹409.10, ₹417.30, and ₹423.75. Traders should monitor these levels closely, as a decisive move beyond these support or resistance levels could signal the next directional move.
As of May 1, 2025, at 10:20 AM IST, ITC Ltd (NSE: ITC) is trading at ₹403.05. Based on recent technical analysis, here are the key support and resistance levels for the stock on a weekly (1W) chart:
📊 Weekly Support and Resistance Levels
Immediate Support Levels:
₹402.50
₹394.45
₹388.00
Immediate Resistance Levels:
₹409.10
₹417.30
₹423.75
These levels suggest that if the stock price declines below ₹402.50, it may find support around ₹394.45 and ₹388.00. Conversely, if the price rises above ₹409.10, it could encounter resistance near ₹417.30 and ₹423.75.
🔍 Technical Indicators
ADX (Average Directional Index): 29.19 – indicates a trending market.
RSI (Relative Strength Index): 47.4 – suggests neutral momentum.
MACD (Moving Average Convergence Divergence): -4.66 – indicates a negative trend.
CCI (Commodity Channel Index): 2.74 – suggests neutral momentum.
These indicators suggest a neutral to slightly bearish outlook for ITC in the short term.
📈 Summary
ITC is currently trading near its immediate support levels. A break below ₹402.50 could lead to a decline towards ₹394.45 and ₹388.00. On the upside, resistance is observed at ₹409.10, ₹417.30, and ₹423.75. Traders should monitor these levels closely, as a decisive move beyond these support or resistance levels could signal the next directional move.

Buy ITC above 450
Target 510
SL Daily Close Below 430