ITC Technical chart | 10-Dec-2011

By admin on Dec 10, 2011 with Comments 1

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Below is the technical chart of ITC Ltd., listed on Indian stock exchnage, with ichimoku Kinko Hyo indicator.

 

 



 

ITC is trading below kumo, so the chart itself is weak. The only positive point here is that Chikou-Span (CS) line is still inside kumo. So, the major support level comes out to be at 1974.30. If ITC breaks this level on closing basis, it will move further down to the next support level of 189.30.



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  1. Ashok says:
    February 20, 2012 at 4:00 pm

    Sir, we need more updated charts of more Indian stocks viz. L&T, bharti, nifty, oracle, JP associates etc.

    Pl arrange for them ASAP.

    Regards

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