Avoid ITC, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "ITC is locked in a very large trading range and there is no sign that it is willing to breakout on the upside. We are assuming that this market is now bullish. So, ITC apart from short-term trade is an easy avoid. Today I would not touch it because yesterday it already saw significant gains, building on back-to-back gains is not easy."At 10:52 hrs ITC was quoting at Rs 345.20, up Rs 2.30, or 0.67 percent. It has touched an intraday high of Rs 346 and an intraday low of Rs 342.60.