Itc Share Price Today on
On the technical front, the stock is trading above the 50,100,300 days SMA & lower than the 5,10,20 day SMA. The stock will have support at 50,100,300 days SMA & face resistance at 5,10,20 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 514.65 |
10 | 516.05 |
20 | 513.60 |
50 | 503.92 |
100 | 470.06 |
300 | 452.76 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹514.75, ₹518.95, & ₹522.95, whereas it has key support levels at ₹506.55, ₹502.55, & ₹498.35.
Till 4 PM today, the volume traded on NSE & BSE for Itc was 80.69% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..
From a fundamental analysis perspective, the company has a ROE of 28.48%
The median 1-year forecasted upside in this share is at 5.97% with a target price of ₹541.00.
The company has a 0.00% promoter holding, 20.10% MF holding, & 14.96% FII holding as per filings in the june quarter.
The MF holding has decreased from 20.15% in march to 20.10% in the june quarter.
The FII holding has decreased from 15.44% in march to 14.96% in the june quarter.
Itc share price has gained 1.4% today, currently at ₹510.5, while its peers such as
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
MoreLess