Sudarshan Sukhani, s2analytics.com is of the view that one can buy ITC .
Sukhani told CNBC-TV18, "I would buy ITC. My own sense is that if this market is to go up, ITC is going to participate. The stock is consolidating. It's not done anything wrong. It's not fallen as most of the other blue-chips had done. So this consolidation could easily be preparatory to another up move. So ITC currently is having a mild correction and is a buying opportunity."
He further added, " ICICI Bank built a base, came out of it, it had gone through a deep correction which Bank on India has done. But ICICI was a blue-chip stock in the first place. I don't know if that's possible to say for this one. Bank of India has gone through a very sharp rally today. It has broken out of a trading range and at this point we should be looking at a target of Rs 350 which is a good 10% from here. So there is a trading play here in Bank of India . It's not an investing idea but a momentum trader can expect some more gains."
