ITC Ltd.

The chart for ITC Ltd. (NSE) shows a clear ascending trendline acting as support near INR 435–450 and a resistance zone near INR 540–550. Currently, the price is trading around INR 478. For a long trade, consider buying near the support trendline (INR 435–450) if the price bounces, with targets at INR 500 and INR 540–550, while keeping a stop loss below INR 430. For a short trade, look for entries near the resistance zone (INR 540–550) if the price shows rejection, targeting INR 500 and INR 450, with a stop loss above INR 560. In case of a breakout above INR 550, the next targets could be INR 600–650, whereas a breakdown below INR 430 might signal further downside toward INR 400. Confirm all trades with volume spikes to improve reliability.