ITC | Gann Analysis

ITC | A FMCG Value Pick | Gann Analysis

• This stock is trading between Cube number 216 and Gann Octave level 222 | A very important action zone
  
  
• Price has bounced from a strong support level 163 which is a Gann Octave Level as well as a 2x1 Gann angle support
  
  
• Recently the price has broken above 2x1 down trend angle (colored in RED) and 1x1 up trend angle (colored in BLUE) resistances
  
  
• Sustaining above 225 would confirm continuation of the up trend for higher Gann levels 241 / 251 / 256 / 273 / 281 / 289 / 309 / 324 / 343
  
  
• Important support levels: 211 / 204 / 196 / 190 / 183 / 173 / 169 / 163