Technical Analyst, Ashwani Gujral is of the view that ITC has strong support around Rs 190-193. One can buy it at that level as in the long-term it  can touch Rs 225-230, he added.

Gujral told CNBC-TV18, "Bharti Airtel seems to be having support around Rs 800-Rs 820 and it really needs to get past Rs 860-865 but it is probably now looking stronger than the rest of market but clearly with the rest of the market it could  be expected to retest that Rs 800 level again."

He further added, "ITC has strong support around Rs 190-193 and if we can buy around those levels in this sort of a wobbly market, ITC could be a good bet and over a period of time one could find levels of Rs 225-230, so it’s in that kind of range and FMCG is a sector where a lot of defensive buying could happen."