ITC will not attract much attention from bulls: Devangshu Datta

Check out the technical trends in select stocks with technical analyst, Devangshu Datta.

SmartInvestor: After a weak opening, markets have edged higher in early noon trades. Technically, is there a case for this strength continuing in the near term?

Devangshu Datta: Major Market indices are trading at near record highs, so yes, the bull run could continue. However, market appears to be going weak again. We may most likely see range trading today at least.

SmartInvestor: The spotlight is back on defensive pockets like FMCG and IT. So, can one accumulate names like ITC, TCS at current levels?

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