ITC Future and Option Prediction for Tomorrow 2 June 2026: Key Levels and Strategy

The ITC future and option prediction for tomorrow 2 June 2026 is bearish, based on ITC closing at Rs 279.65 on 1 June 2026 (-2.53%). GIFT Nifty at 23,490.0 (+107.40 pts, +0.46%) signals a gap-up open for Indian markets on 2 June 2026. Nifty 50 closed at 23,382.6 on 1 June 2026 after a bearish gap-up reversal from 23,733.7, while Nifty IT surged +2.66% led by Infosys and Coal India. The itc future and option prediction for tomorrow takes into account this divergent market backdrop along with the sector-specific triggers detailed below.

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ITC Share Price Recap on 1 June 2026

CMP (1 June 2026 Close): Rs 279.65 (-2.53%)

Session: Open Rs 287.80 | High Rs 288.55 | Low Rs 278.30

Sector: FMCG/Cigarettes | 52W High: Rs 341 | 52W Low: Rs 190 | Lot: 1,600

ITC fell 2.53 per cent on 1 June 2026 as FMCG stocks faced pressure from below-normal monsoon concerns affecting rural spending outlook. ITC’s cigarette business is relatively insulated but the FMCG non-cigarette and agribusiness segments face direct monsoon risk.

ITC Futures Prediction for Tomorrow 2 June 2026

Futures Trend: Bearish | Futures Price: Rs 280.00

Support 1: Rs 278 | Support 2: Rs 272

Resistance 1: Rs 288 | Resistance 2: Rs 296

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the ITC future and option prediction for tomorrow places Rs 278 as the critical immediate support for 2 June 2026. A gap-up open driven by GIFT Nifty at +107 points that holds above Rs 278 in the first 15-minute candle confirms the bearish setup in ITC futures. Jaiswal identifies Rs 288 as the first resistance level. A sustained close above Rs 288 would shift the itc future and option prediction for tomorrow to a stronger bearish bias toward Rs 296.

ITC Options Analysis for 2 June 2026

PCR: 0.85 | Max Call OI: Rs 288 | Max Put OI: Rs 278

Kunal Singla, Associate Director at Univest, observes that the ITC options data shows max call OI at Rs 288 and max put OI at Rs 278. The PCR of 0.85 reflects cautious bearish positioning with call OI exceeding put OI. In the itc future and option prediction for tomorrow, Singla watches Rs 278 as the intraday support floor and Rs 288 as the options-derived resistance ceiling.

Key Triggers for ITC on 2 June 2026

• GIFT Nifty +107 pts: Positive pre-market signal supports gap-up recovery attempt, benefiting the bearish itc future and option prediction for tomorrow.
• Rural consumption and FMCG volume outlook: Primary sector catalyst determining ITC direction on 2 June 2026.
• Cigarette volume growth and GST: Secondary trigger to watch in the first half of the 2 June 2026 session.
• FII June Flow: FII selling of Rs 21,106 crore on 29 May resets in June. Positive FII on 2 June 2026 accelerates itc future and option prediction for tomorrow momentum.

Trading Strategy: ITC Futures and Options on 2 June 2026

1. Confirm the Gap-Up: Do not enter ITC futures at the open. Wait for the first 15-minute candle above Rs 278 before initiating positions.

2. Bull Setup: ITC holds above Rs 278 and breaks Rs 288 with volume. Target Rs 296.

3. Bear Setup: Sustained break below Rs 272 confirms bearish momentum. Avoid catching falling itc futures.

4. Options Strategy: PCR at 0.85 and GIFT Nifty gap-up environment — consider defined-risk spreads over naked options for the itc future and option prediction for tomorrow session.

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Conclusion: ITC Future and Option Prediction for Tomorrow 2 June 2026

The itc future and option prediction for tomorrow 2 June 2026 is bearish. ITC closed at Rs 279.65 on 1 June 2026 (-2.53%). Key support: Rs 278. Key resistance: Rs 288. GIFT Nifty at +107 points provides a positive gap-up backdrop. Ankit Jaiswal of Univest flags Rs 278 as the session floor and Kunal Singla flags Rs 288 call OI as the ceiling in the itc future and option prediction for tomorrow. All levels are educational only.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449.

Frequently Asked Questions

What is the ITC future and option prediction for tomorrow 2 June 2026?

Ans. The ITC future and option prediction for tomorrow is bearish. CMP is Rs 279.65 (-2.53% on 1 June 2026). Support is Rs 278, resistance Rs 288. GIFT Nifty at +107 points signals a positive gap-up. PCR is 0.85 with max call OI at Rs 288.

What is the support for ITC futures on 2 June 2026?

Ans. Support for ITC futures on 2 June 2026 is Rs 278 (immediate) and Rs 272 (secondary). Ankit Jaiswal of Univest identifies Rs 278 as the make-or-break level for the itc future and option prediction for tomorrow.

What is the resistance for ITC on 2 June 2026?

Ans. Resistance for ITC on 2 June 2026 is Rs 288 (immediate) and Rs 296 (next level). Max call OI at Rs 288 acts as the options-derived ceiling in the itc future and option prediction for tomorrow.

What is the PCR for ITC options on 2 June 2026?

Ans. PCR for ITC options is 0.85. Max call OI at Rs 288 and max put OI at Rs 278. Kunal Singla of Univest observes a cautious signal for the itc future and option prediction for tomorrow.

What are the key triggers for ITC on 2 June 2026?

Ans. Key triggers for the itc future and option prediction for tomorrow include GIFT Nifty +107 pts, rural consumption and fmcg volume outlook, cigarette volume growth and gst, and FII June flow direction. These determine whether the itc future and option prediction for tomorrow trends toward Rs 288 or Rs 272.