Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "ITC is a buy on the charts. It was a buy in my list in the morning. ITC is coming out of trading range. Bull markets do not care for taxes and cigarette duties and anything else for bearish news flow, they just care for the trend and the trend is up."
On Monday, ITC closed at Rs 389.55, up Rs 11.50, or 3.04 percent. It has touched an intraday high of Rs 390.95 and an intraday low of Rs 377.
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