ITC
STILL BLEAKY, STRONG RESISTENCE AT 183-184

This stock is still looking weak, the stock will show its real strength when it moves above 183-184 level untill then 167 will be the key support for this stock. Anthing below that this stock will find support at 160 and 140 levels. Once it crosses its 50 & 200DMA resistence (183-184) the target will be 190-195 and then 212. Those who are long in this stock one can place a stop loss at 167 and the one who are short in this stock they place thier stop loss at 184 and move above the 183-184 just reverse your position.