Today's Opening - 280
Today's High - 281
Today's Low - 278
Today's Closing - 279
I am writing on this stock after almost three years.
Today's High - 281
Today's Low - 278
Today's Closing - 279
I am writing on this stock after almost three years.
A marginal positive closing today, with volumes on the lower side.
The 2-day Relative Strength Index has remained below 70% for nearly three months now. For almost the whole of April till date, the stock has been closing higher than the 5-day Exponential Moving Average.
For the past three weeks, the Positive Directional Index has been stronger than the Negative Directional Index.
The 12, 26-day Moving Average Convergence Divergence has remained positive since 11th April. For the past three days, the 20-day Commodity Channel Index has been hovering around the 100 mark.
The stock has a strong support at 272. ITC can further rise to 290 within the next few trading sessions. Investors (like me 😤) who have been holding on to this stock for the past 4-5 months can use this opportunity to book some profits.
For the past three weeks, the Positive Directional Index has been stronger than the Negative Directional Index.
The 12, 26-day Moving Average Convergence Divergence has remained positive since 11th April. For the past three days, the 20-day Commodity Channel Index has been hovering around the 100 mark.
The stock has a strong support at 272. ITC can further rise to 290 within the next few trading sessions. Investors (like me 😤) who have been holding on to this stock for the past 4-5 months can use this opportunity to book some profits.
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