Thursday 27 February 2014

VIEW ON ITC : LOOKING HOT FOR TARGET 353-420++

VIEW ON ITC:

BSE: 500875

 NSE: ITC 

 ISIN: INE154A01025

 SECTOR: CIGARETTE

Buy ITC LTD  Till 320-18 SL 306.5 CB Target 355-385-422++

LTP:328(26/02/2014) Cash Level.

Exit If Close Below 306.5-305 Range... It may test 280/70 Levels. Trade with SL. 

Option Player Can Take ITC March 340CE around 2.1/1.8 (Risk of 2k) For 5/6/7/8+ 
Or 345CE@.5-.8 (RISK OF 500) FOR 2+




About ITC : ITC is in the Cigarettes sector. The current market capitalisation stands at Rs 260,960.22 crore.The company has reported a standalone sales of Rs 8,623.11 crore and a Net Profit of Rs 2 crore for the quarter ended Dec 2013.