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    HomeNewsBusinessBuy ITC at around Rs 265, sell Axis Bank on rallies: Ashwani Gujral

    Buy ITC at around Rs 265, sell Axis Bank on rallies: Ashwani Gujral

    According to Ashwani Gujral of ashwanigujral.com, ITC remains a buy at around Rs 265 while all rallies on Axis Bank should be sold into.

    March 22, 2017 / 16:29 IST

    Ashwani Gujral of ashwanigujral.com told CNBC-TV18, ""For ITC, Rs 250-260 is a fairly strong support. So, as long as that holds on, possibly more upside is available. So, around those levels, Rs 260-265 or thereabouts, I think ITC remains a buy." 

    "Axis Bank is trading below its 200"-day moving average and that is a problem. So, all rallies towards that 200-day moving average of probably Rs 500-505 should be sold into," he added.

    first published: Mar 22, 2017 03:53 pm

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