Stock Radar: ITC takes support above 200-DMA after falling by about 10% from highs; time to buy?
- Posted on November 27, 2024
- By Business News Today
- 3 Views
Stock Radar: ITC takes support above 200-DMA after falling by about 10% from highs; time to buy?
ITC Ltd. stock, after finding support above the 200-day moving average, rebounded, suggesting continued bullish sentiment. Experts advise buying on dips, targeting Rs 496-528 in coming weeks. A bullish Marubozu candlestick pattern and upward-rising channel support this positive outlook, with a stop-loss at Rs 450.
