ITC

stock analysis and chart patterns

After a sharp downtrend, the share prices of

started consolidating and forming a sideways pattern with important resistance level of 416 and support level of 380 Yesterday, the share price of gave a breakout to the resistance level of 415 Signal bullish towards 450 50 EMA will act as an important resistance The share price was trading between the range of 416 and 390 Technical suggests bullish continuation In a sideways chart pattern, the stock price use to moves in a range, forming support and Resistance levels