ITC500875Fmcg, cigarettes, hotels,
Analysts recommended holding ITC shares with expectation of a bounce, for an investor holding at a loss
- Investor buy price
- 295 rupees per share
- Shares held
- 1,750 shares
- Prior high
- 500
- Current level
- 250 to 260
- Bounce target/exit level
- 320
Heard on business television between 14:10:35 - 14:13:35 IST.
- Asta Jain said ITC had underperformed for months but recently started showing signs of performing, recommending to remain invested and wait for numbers.
- Soumil Mehta said ITC has corrected from 500 to around 250-260 levels, nearly a 50% retracement of its entire rise.
- He expects a bounce towards 320 levels, which he said would be the level to exit the counter.
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Source: Live TV News Channel · 7 Oct 2026
The call above is Soumil Mehta, Share Khan's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.