MMB ITCabout 11 hours ago
NEUTRAL(10%)
hold
[MMB ITC] iam waiting for 240 to 250 for average my buying rate till now one average this stock whatever losss dnt afraid wait for...
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Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
The broader market is experiencing significant volatility and a potential crash, as indicated by the Sensex falling 1600 points. This creates an environment where investors might consider averaging down on perceived quality stocks like ITC.
Trading Insight
For ITC, monitor price action around the 240-250 level for potential retail buying interest, but prioritize fundamental analysis over MMB sentiment.
Quick check: ITC bearish bias (+0.2% 1d), SENSEX neutral.
Key Evidence
- •Investor is waiting for ITC share price to drop to 240-250 to average down their buying rate.
- •The investor advises against exiting with losses and to wait for current levels to average.
- •Risk flag: MMB posts are highly speculative and unreliable.
- •Risk flag: Averaging down without fundamental justification can lead to further losses.
- •Risk flag: Broader market uncertainty (Hormuz, Nifty Auto LNG risks) could impact all sectors, including FMCG.
Affected Stocks
ITCITC Ltd
Mixed
The post is a personal opinion on averaging down, not a fundamental analysis or news event affecting the company directly.
Sectors:FMCG
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