Buy ITC on declines: Ashwani Gujral, ashwanigujral.com
In case that starts getting taken out, then this was the last of the good results and then you probably wait for the stock to come to about 145-150.
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| Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check), in a chat with ET Now, speaks about ITC.
Technically what would be your call on ITC right now?
The way the market works when you get extremely good results, the stock tends to have priced in before the event, so yeah while you can remain long but 177 is your stop.
In case that starts getting taken out, then this was the last of the good results and then you probably wait for the stock to come to about 145-150 from where it looks a much better buy than right now.
Technically what would be your call on ITC right now?
The way the market works when you get extremely good results, the stock tends to have priced in before the event, so yeah while you can remain long but 177 is your stop.
In case that starts getting taken out, then this was the last of the good results and then you probably wait for the stock to come to about 145-150 from where it looks a much better buy than right now.
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