Accumulate ITC between Rs 180-185: Mohindar

Rahul Mohindar of Viratechindia is of the view that one can accumulate ITC between Rs 180-185.

Mohindar told CNBC-TV18, "Definitely there is going to be some attraction to the pharma stocks as well as the FMCG stocks. So if one is looking at something like an ITC between Rs 180-185, one could accumulate the stock. If one has a one-year perspective, 30% return is something, which one could expect."

He further added, "Even if one sees the downside continuing in Suzlon, I would still wait a bit more but somewhere in the region of Rs 180-160 zone is where I would like to accumulate it again with a long-term perspective. So we are not trying to bet the short-term out."