ipuneet

ITC - joined rallying FMCG stocks.

Long
NSE:ITC   ITC LTD
My followers and regular readers must have made some profits in HUL and Dabur India calls, that were shared during weekend.

ITC is another stock from FMCG basket, that can move up going further.

Buy near current prices for targets 247-252-259-266 over next few days.

Keep a stop loss of 238/-

Derivative traders may buy calls of strike 240, around Rs . 6, for targets of Rs . 9-12 keep a stop loss of Rs . 3.5/- or cut the position if spot rate goes below 238/ on a closing basis.

Consider liking this post / idea, if you find it worth.

Trade closed: stop reached

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