Buy ITC on dips: Manghnani

Buy ITC on dips, says Anil Manghnani, Modern Shares & Stock Brokers.

Manghnani told CNBC-TV18, "Bharti Airtel has been on a tear away 52-week high even when the markets have been coming down, it is inching up. So I think its headed first Rs 400 and Rs 420 range."
He further added, "ITC is a tricky one because that has already rallied quite a bit. It is strong but I will be more inclined to buy the dip maybe even if it comes closer to Rs 177, I think it will be a very interesting buy."
"I am not too impressed with HUL. It has been stuck in a narrow range. Every time it comes to Rs 290-292, it gets enough selling pressure and every time it comes closer to Rs 270 you see buying support, so it