{"id":17129,"date":"2025-08-18T22:01:53","date_gmt":"2025-08-18T16:31:53","guid":{"rendered":"http:\/\/43.205.138.160\/?post_type=article&p=17129"},"modified":"2025-08-18T22:01:53","modified_gmt":"2025-08-18T16:31:53","slug":"daily-analysis-on-itc","status":"publish","type":"article","link":"https:\/\/signalz.pro\/article\/daily-analysis-on-itc\/","title":{"rendered":"Daily Analysis on ITC"},"content":{"rendered":"

ITC \u2013 Daily Technical Analysis
\n<\/u><\/strong>Price Action:<\/strong> ITC closed at \u20b9406.30<\/strong>, after opening weak at \u20b9413<\/strong> and touching a low of \u20b9405<\/strong>, showing heavy selling pressure.
\nTrend:<\/strong> The stock is trading below key moving averages (20, 50, 100 DMA)<\/strong>, suggesting weakness.
\nRSI (14):<\/strong> 36.38 \u2013 approaching the oversold zone<\/strong>, indicating limited downside but still weak momentum.
\nMACD:<\/strong> Negative crossover continues, signaling bearishness.
\nSupport Levels:<\/strong> \u20b9400 (immediate), followed by \u20b9390.
\nResistance Levels:<\/strong> \u20b9415\u2013\u20b9420 zone is strong resistance; upside sustainable only above \u20b9425.<\/p>\n

Fundamentals
\n<\/u>Strengths:
\n<\/strong>Strong presence in FMCG, cigarettes, hotels, paper & packaging, agribusiness<\/strong>.
\n<\/strong>Consistently cash-rich balance sheet<\/strong> with high dividend payout.
\n<\/strong>Expanding non-cigarette FMCG segment.<\/p>\n

Concerns:<\/u><\/strong>
\n<\/u>Cigarette segment regulation risks<\/strong> (tax hikes, health regulations).
\nSluggish hotel business recovery compared to peers.
\nValuation is fair, not undervalued at current levels.<\/p>\n

Micro & Macro Factors
\n<\/u>Micro:
\n<\/strong>Weak consumer demand in discretionary FMCG.
\n<\/strong>Rising competition in FMCG packaged goods (HUL, Dabur, Nestle).<\/p>\n

Macro:<\/strong>
\nInflationary pressures on raw material costs.
\nGlobal risk-off sentiment and FII selling in Indian markets.
\nAny govt. policy tightening on tobacco may impact further.<\/p>\n

Why ITC fell today?
\n<\/u><\/strong>Market-wide pressure: FMCG sector under selling pressure due to weak rural & urban consumption data.
\nProfit booking: Investors booked profits after ITC\u2019s recent rallies.
\nMuted growth outlook: Concerns about slower volume growth in cigarettes & FMCG ahead of quarterly results.
\nFII activity: FIIs reducing exposure to defensives, shifting towards banking & infra.
\nGST-related news: Market speculation around a possible increase in GST\/taxation on tobacco products created additional nervousness, adding to the selling pressure in ITC.<\/p>\n

Future Outcomes
\n<\/u><\/strong>Short Term (1\u20132 weeks):<\/strong> Likely to remain under pressure; can test \u20b9400\u2013\u20b9390 support levels<\/strong>.
\nMedium Term (3\u20136 months):<\/strong> If sustains above \u20b9415, it may recover towards \u20b9425\u2013\u20b9430<\/strong>.
\nLong Term (1\u20132 years):<\/strong> Strong fundamentals and diversification strategy may push ITC towards \u20b9500\u2013\u20b9520<\/strong>, provided FMCG growth accelerates and hotel business scales up.<\/p>\n

Technical View:<\/u><\/strong>
\n<\/u>On the daily chart, ITC opened at \u20b9413, touched the same as its day\u2019s high, made a low of \u20b9405, and closed at \u20b9406.30, showing strong selling pressure throughout the session. The stock is holding above its crucial support at \u20b9400, while resistance is placed near the 14-day EMA around \u20b9415. Momentum indicators reflect weakness, but if the stock sustains above \u20b9415, a short-term bounce towards \u20b9425\u2013\u20b9430 is possible. Overall, the structure remains stable, and buy-on-dips strategy looks favorable for long-term investors.<\/p>\n

Disclaimer
\n<\/u><\/strong>This analysis is only for educational and informational purposes<\/strong>. It should not be considered as investment advice or a recommendation. Stock market investments are subject to market risks. Please consult your SEBI-registered financial advisor<\/strong> before investing.
\nDisclosure
\n<\/u><\/strong>We have no personal or family holdings in ITC Ltd.<\/strong> and no financial interest in the company.<\/p>\n

For More Info:
\n<\/u><\/strong>Visit Us- www.investogainerresearch.com<\/a>
\nCall Us- 9009099805, 9098804206
\nEmail Us- info@investogainerresearch.com<\/a><\/p>\n

<\/strong>Daily Analysis on ITC on 18082025<\/a><\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[130,121,133,235,92,128,116,168,127],"class_list":["post-17129","article","type-article","status-publish","hentry","article-category-learn","article-tags-expert-analysis","article-tags-investment-opportunities","article-tags-investment-strategies","article-tags-nifty50","article-tags-sebi-registered-advisors","article-tags-sebi-registered-analysts","article-tags-signalzinvestmenttips","article-tags-stockmarkettips","article-tags-successful-investing"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/17129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=17129"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=17129"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=17129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}