[MMB ITC] People are not buying this stock for long term , A sudden drop of 2 rs at the last time even indicate people are here fo...

FMCG stocks like ITC often face scrutiny over growth prospects and regulatory changes. Investor sentiment can be highly influenced by short-term price movements and forum discussions.

Exercise caution with ITC; monitor price action for confirmation of bearish sentiment.

For Indian markets, this story mainly matters for ITC and the auto, FMCG pocket. The current signal is bearish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Perceived lack of long-term buying interest and sudden price drops, indicating short-term trading focus. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •People are not buying this stock for long term.
• •A sudden drop of 2 rupees at the last time indicates intraday trading.
• •Some people are dreaming it to touch 350.
• •Risk flag: Retail investor sentiment volatility
• •Risk flag: Impact of short-term trading on price discovery