Itc Share Price Today on
On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at 10,20,50 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 498.13 |
10 | 506.39 |
20 | 510.53 |
50 | 504.24 |
100 | 473.49 |
300 | 453.82 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹500.67, ₹502.48, & ₹505.57, whereas it has key support levels at ₹495.77, ₹492.68, & ₹490.87.
Till 4 PM today, the volume traded on NSE & BSE for Itc was -12.44% lower 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 9.12% with a target price of ₹544.00.
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 0.34% today to trade at ₹498.55 in resonance with its peers. Its peers such as
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