Published on 10/01/2018 2:15:24 PM | Source: Religare Securities Ltd

Buy ITC Ltd For Target Rs.278.00 - Religare Sec

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ITC Limited (ITC)

After prolonged consolidation phase, ITC has witnessed a breakout and looks all set for a fresh surge ahead. The up move was supported with decent rise in volume, which act as confirmation tool. We recommend initiating long positions in the given range.

Recommendation

Buy ITC Ltd @ 266-268 Stoploss 263 Target 278 CMP 270.55

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