ITC Future and Option Prediction for Tomorrow 1 June 2026: Key Levels and Strategy

The itc future and option prediction for tomorrow on 1 June 2026 is bearish, based on ITC closing at Rs 285 on 29 May 2026 (-2.41%). GIFT Nifty at 23,860.0 (+201.5 pts, +0.85%) signals a positive gap-up for Indian markets on 1 June. Nifty 50 closed at 23,649.95 on 29 May 2026, supported by a 3.2 per cent Nifty IT rally. FII net selling of Rs 21,105.86 crore on 29 May 2026 and below-normal monsoon concerns are the key risk factors for the itc future and option prediction for tomorrow.

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ITC Share Price Recap on 29 May 2026

CMP (29 May 2026 Close): Rs 285 (-2.41%)

Sector: FMCG/Cigarettes | 52W High: Rs 365 | 52W Low: Rs 234 | Lot Size: 1,600

ITC fell 2.41 per cent on 29 May as FMCG stocks came under pressure on below-normal monsoon concerns impacting rural spending. ITC’s cigarettes business is relatively insulated but its FMCG non-cigarette business and agribusiness segments face direct monsoon risk.

ITC Futures Prediction for Tomorrow 1 June 2026

Futures Trend: Bearish

Futures Price (Approx): Rs 286

Support 1: Rs 280 | Support 2: Rs 274

Resistance 1: Rs 292 | Resistance 2: Rs 300

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the ITC future and option prediction for tomorrow places Rs 280 as the critical immediate support for the 1 June session. With GIFT Nifty indicating a gap-up open of 201.5 points, the early session direction will be pivotal. Jaiswal flags Rs 292 as the first resistance level. A gap-up open above Rs 280 that sustains in the first 15-minute candle confirms the bearish continuation for ITC futures on 1 June 2026.

ITC Options Analysis for 1 June 2026

PCR: 0.86 | Max Call OI: Rs 292 strike | Max Put OI: Rs 280 strike

Kunal Singla, Associate Director at Univest, observes that the ITC options chain shows maximum call OI at Rs 292 and maximum put OI at Rs 280. The PCR of 0.86 reflects cautious positioning with call OI exceeding put OI. On the gap-up open driven by GIFT Nifty at +201.5 points, Singla suggests watching Rs 280 as the intraday support floor for options-based positioning in ITC on 1 June.

Key Triggers for ITC on 1 June 2026

• GIFT Nifty Gap-Up (+201.5 pts): The positive pre-market signal sets a constructive base for ITC futures on 1 June.
• Cigarette volume growth and GST developments: Primary sector-specific catalyst for ITC direction on 1 June 2026.
• Rural consumption and FMCG volume data: Secondary trigger to watch in the first half of the session.
• FII Flow Reversal: FII selling of Rs 21,105.86 crore on 29 May 2026 resets on 1 June as a new month begins. Positive FII flow would accelerate bearish momentum in ITC.

Trading Strategy for ITC Futures and Options on 1 June 2026

1. Gap-Up Confirmation: Wait for the first 15-minute candle above Rs 280 before entering ITC futures. Do not chase the gap-up open.

2. Bull Setup: If ITC holds above Rs 280 and breaks Rs 292 on volume, the futures target is Rs 300 for the session.

3. Bear Setup: A break below Rs 274 on sustained selling confirms a bearish reversal. Exit longs and avoid buying on the dip below this level.

4. Options Strategy: With PCR at 0.86, consider defined-risk spreads for the 1 June session. Naked options carry elevated risk on a gap-up expiry week open.

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Conclusion

The ITC future and option prediction for tomorrow 1 June 2026 is bearish, with key support at Rs 280 and resistance at Rs 292. ITC closed at Rs 285 on 29 May 2026 (-2.41%). GIFT Nifty at +201.5 points provides a positive gap-up backdrop. Ankit Jaiswal of Univest places Rs 280 as the session support and Kunal Singla of Univest flags Rs 292 call OI as the resistance ceiling. All ITC future and option prediction for tomorrow levels are educational analysis only. Consult a SEBI-registered advisor before trading.

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

Frequently Asked Questions

What is the ITC future and option prediction for tomorrow 1 June 2026?

Ans. The ITC future and option prediction for tomorrow is bearish. CMP is Rs 285 (-2.41% on 29 May 2026). Support is at Rs 280 and resistance at Rs 292. GIFT Nifty at +201.5 points signals a positive gap-up open. PCR for ITC options is 0.86 with max call OI at Rs 292.

What is the support level for ITC futures on 1 June 2026?

Ans. Support levels for ITC futures on 1 June 2026 are Rs 280 (immediate) and Rs 274 (secondary). Ankit Jaiswal of Univest identifies Rs 280 as the make-or-break level for the ITC future and option prediction for tomorrow.

What is the resistance level for ITC on 1 June 2026?

Ans. Resistance for ITC on 1 June 2026 is Rs 292 (immediate) and Rs 300 (next resistance). Maximum call OI at Rs 292 acts as the upper boundary for the ITC future and option prediction for tomorrow.

What is the PCR for ITC options on 1 June 2026?

Ans. The PCR for ITC options is 0.86. Max call OI is at Rs 292 and max put OI at Rs 280. Kunal Singla of Univest observes this PCR as a cautious signal for the ITC future and option prediction for tomorrow.

What are the key triggers for ITC on 1 June 2026?

Ans. Key triggers for ITC on 1 June 2026 include: GIFT Nifty gap-up of +201.5 points, cigarette volume growth and gst developments, rural consumption and fmcg volume data, and potential FII flow reversal at the start of June. These determine the ITC future and option prediction for tomorrow direction.