ITC may test Rs 200-210: Ashwani Gujral

Ashwani Gujral ashwanigujral.com told CNBC-TV18, "ITC is in a clear down trend. Now it is breaking key weekly zones of about Rs 300-310. Once that happens a lot of the bull market that we saw earlier in the last few years will begin to correct and next target could be easily Rs 245-250. So, I don't think even ITC beyond the short term rallies is worth buying because clearly the stock has made a large range, a two year range which it is now breaking.""So, finally a target of Rs 210-200 shouldn't be impossible on ITC. That will take its time but that is likely to happen," he said.