An ITC Demand Zone refers to a specific price level or area on a chart where the buying interest in ITC Limited (a leading Indian conglomerate with businesses in FMCG, hotels, paperboards, packaging, agri-business, and IT) is significantly strong. This concept is used in technical analysis to identify key levels where the price of ITC's stock might find support and reverse upward. Demand zones are critical for traders looking to enter long positions at favorable prices.
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