
Technical analysis of ITC Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
ITC Limited is an Indian company operating in fast-moving consumer goods, paperboards and packaging, and agribusiness sectors. The company manufactures and distributes cigarettes, food products, personal care items, specialized boards and papers, and also provides hospitality and IT services. It additionally exports feed ingredients, food grains, marine products, and other agricultural commodities.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 1, 2026, computed on the last 12 months of prices.
21 sessions
273.30
−2.56%
50 sessions
279.77
−4.82%
200 sessions
308.53
−13.69%
s2
258.73
Support
s1
262.67
Support
pivot
265.43
Pivot
r1
269.37
Resistance
r2
272.13
Resistance
In the September 1, 2026 session ITC Limited closed lower at 266.30 , −0.11% versus the previous session.
The price sits below every moving average observed: −2.56% against the 21-session average, −4.82% against the 50 and −13.69% against the 200.
The 14-period RSI reads 41.4, in neutral territory.
MACD stands at -4.805 against a signal line at -4.220: the histogram is negative (−0.585).
ADX reads 37.5, indicating a marked directionality.
Levels computed on the latest session place supports at 262.67 and 258.73 and resistances at 269.37 and 272.13 , around a pivot of 265.43.
The average daily range (ATR) is 5.321 , or 2.00% of price.
Turnover was 14.6M shares, 107% of the 20-session average.
Over the last twelve months the price ranged between 255.50 and 309.47 , and today stands −13.95% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is ITC Limited analysed technically?
Technical analysis of ITC Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for ITC Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to ITC Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to ITC Limited it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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