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ITC Book profit now ?? or Hold till 202 ????
ITC LTD
ITC Book profit now ?? or Hold till 202 ????
By jyotishsrivastava
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Updated
May 26, 2020
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May 24, 2020
All technical parameters indicate Bullish Trend hence 202 looks possible
but in wake of RBI Gov address regarding -ve GDP growth :- expecting selling pressure build up on 26 May
Investors may continue to hold as Cig factories are now open and Cig business contributes more than 50% of total profit generated
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May 26, 2020
Note
ITC acquiring 100% equity of Sunrise Foods.....expecting to gain momentum to break past 191
Trend Analysis
jyotishsrivastava
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