Buy, sell or hold: What should investors do with ITC post June quarter results?

August 2, 2022

After the steep rally, the stock is now trading near the overbought zone and a pullback could be in the offing. It is trading above all the crucial short and long-term moving averages of 5,10,20,30,50,100 and 200-DMA. The Relative Strength Index (RSI) is at 75.7. RSI above 70 is considered overbought. This implies that stock may show pullback, Trendlyne data showed. MACD is above its centre and signal Line, which is a bullish indicator.

More To Explore

These 10 largecaps have the highest dividend yields. Do you own any?

Vedanta, IOC, and Tech Mahindra are among the top 10 largecap companies that have offered the highest dividend yield in the last one year.

April 20, 2024

Restoration of Indian Economy since 2014 a case study for Harvard, says Nirmala Sitharaman

The restoration of the Indian economy, especially banks since 2014 is actually a lesson for the Harvard Business School said Nirmala Sitharaman finance minister of

April 20, 2024

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003