Posted On: September 28, 2023

Stock Report: ITI(NSE) 27 Sep 2023

Outlook: Bullish

Sector: Technology

Industry: Communication Equipment 

ITI Ltd is an India based company, engages in the business of manufacturing, trading, and servicing of telecommunication equipment. Its products include global system for mobile communications (GSM)/code division multiple access (CDMA), defense products and diversified products. It offers a range of telecom products and solutions, including switching, transmission, access, and subscriber premises equipment. Geographically the company distributes its products primarily in India only.

#xCalData predicts that # ITI will continue its bullish phase over the next five days and trend within the range of 180 to 224. 

In comparison to the previous month, the price of the stock has experienced an increase of 78.38% indicating a bullish. 

 

The Stock has doubled twice since 09 Jun 2015 and took an average of 0.9 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days.

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

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