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ITC looks good, says Atul Suri

This article was posted on Jul 7, 2009 and is filed under Stock Views

Atul Suri, Trader is of the view that ITC is looking good.

Suri told CNBC-TV18, “The Fast Moving Consumer Goods (FMCG) space has been holding out. ITC has been looking good. Again stocks that are on the upper end of the channel so essentially if you want to trade long I think certainly there are trades to be made there. But if you think that this sector, the FMCG sector is such that it will create a market revival I have my doubts. I feel that the revival one has to look for is banks. Banks are going to be very crucial. That index looked very special to me recently and the decline in Reliance has to stop.”

source: Moneycontrol

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