12-10-2023 09:57 AM | Source: Religare Broking Ltd
Stock of the day : ITC Limited For Target Rs.472 - Religare Broking Ltd

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Stock of the day

ITC

*  ITC has been in a steady uptrend from past more than one and half year, forming series of higher highs and lows.

* It has formed a fresh buying pivot holding above its 20 EMA on the weekly chart.

* The price action with supportive momentum indicators suggests resumption in prior uptrend.

* We thus recommend initiating fresh longs in the mentioned range


Buy ITC Limited   447.50; Range 445-448; Target 472


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