Go for ITC but for long term

VK Sharma of Anagram Stock Broking is of the view that entering in ITC at around Rs 145-167 might be a good strategy for long term.
Sharma told CNBC-TV18, "Technically, ITC is consolidating after whatever losses it had seen earlier during two months and the right range for the investor is to accumulate the stock and not buy in one go. From the current level of Rs 167 to probably a level of around Rs 145 might be a good strategy to enter for the long-term in a frontline stock."
sources:moneycontrol