Every brokerage house keeps recommending a buy on ITC for investment and medium term. The stock is trading at the same levels it did in 2014, five years ago. What do they see in it?
Every brokerage house keeps recommending a buy on ITC for investment and medium term. The stock is trading at the same levels it did in 2014, five years ago. What do they see in it?
Every brokerage house keeps recommending a buy on ITC for investment and medium term. The stock is trading at the same levels it did in 2014, five years ago. What do they see in it?
usually the team who work on stock recommendation is different than trading team... needless to say that which team is more skilled ... i would never buy anything based on any recommendation unless i see a point or two about that investment ... Everybody was shouting buy yes bank when it was above 350 .. they dont know more than you or i most of the time...
usually the team who work on stock recommendation is different than trading team... needless to say that which team is more skilled ... i would never buy anything based on any recommendation unless i see a point or two about that investment ... Everybody was shouting buy yes bank when it was above 350 .. they dont know more than you or i most of the time...
Just a look at the monthly chart does not cheer you up about the stock. We don't need deeper analysis. Plus they keep saying its 'value' will be discovered by the market soon. Wonder about the value - isn't that what the price reflects, most of the time.
i will tell a simple rule which may not make money but will save a lot of money... never hold a stock below its 200 DMA ....specially if its sloping down... 200 DMA separates bulls and bears ..