Buy ITC, target Rs 360: Rakesh Bansal

Rakesh Bansal, Vice President at R K Global is positive on ITC. The expert has advised investors to buy the stock with a target of Rs 360 and maintain a stop loss at Rs 339 in intraday trade. The stock has hit a high of Rs 351.70 and low of Rs 347.15 in trade so far. The stock has been trading above its 20-, 50-, 100- and 200-day moving averages.