Buy ITC 210 Call, says Sukhani

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Buy ITC 210 Call, says Sukhani

Buy ITC 210 Call, says Sudarshan Sukhani, s2analytics.com.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about ITC See messages about ITC

Buy ITC 210 Call, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "ITC, which is now more or less neglected for some time can give us a surprise on the upside. ITC is on the verge of a breakout. If there is any kind of surprise it also the moves to new highs. An easy strategy is to buy an 210 call for ITC and wait patiently."

He further added, " PFC has bottomed out and so has REC , the twins are going up. It does appear that they have seen the worst of their declines and if things go well then both the stocks PFC and REC are likely to begin an upmove. I need to make that caveat all the time that this depends on how the Nifty behaves. But if the Nifty behaves well, if it continues its upmove these two financial stocks should maintain their perform status. So, we can look for a target for atleast 10-15% higher than this by mid February."