ITC at Channel Support – Upside Rally SetupITC LimitedNSE:ITCAkhildas_PITC Limited is currently testing the lower boundary of a long-term ascending channel on the monthly timeframe. Price action suggests a potential support bounce from this trendline zone. If the structure holds, a continuation toward the upper channel resistance is likely, offering a strong upside opportunity in the coming months. However, a decisive breakdown below the channel could invalidate the bullish setup and lead to a deeper correction. Key Levels: Support: Channel trendline (~current zone) Resistance: Upper channel boundary Outlook: Bullish above support | Bearish on breakdown Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research and manage risk before making any trading or investment decisions.