ITC ITC has acquired 43.8% stake in Ample Foods and hugely investing in other subsidiaries..While looking at chart, below 430, it is getting liquidated..means buyers are there aggressive. Above 460, sellers are there. Here is the thing to play. You can keep you SL somewhere at 420 and be long. If 420 is broken at downside, it will straight go for first halt at 390 but if it reverses, it should not stop before 490.
