INSUBCONTINENT EXCLUSIVE:
Yes Securities has a buy call on ITC with a target price of Rs 305.
The current market price of ITC is Rs 298.10.
Time period given by the
brokerage is two weeks when ITC price can reach the defined target
Yes Securities recommended keeping a stop loss at Rs 290.
"The stock has broken out from a bullish Flag pattern triggering resumption of
Further, RSI has also turned upwards after taking support at the 60-level, confirming bull strength dominant in the stock," said the
brokerage.
ITC, incorporated in the year 1910, is a largecap company, having a market cap of Rs 3,66,881.94 crore
