425-450 is a good level to get into Tata Coffee: Ashwani Gujral, Market Strategist

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about Tata Coffee.

Tata Coffee is locked up on upper circuit, but if indeed tomorrow you do see the circuit open, would you enter into this counter?

I generally avoid trying to enter after 20% upmoves. But tea, sugar, softer commodities are better stocks out there which will probably hold up and in a good market will even move higher. So keep this on your list. If it comes down to levels of 450 - and you should not be surprised in this kind of a market - things can reverse very easily.

So around 425-450 is a good level to get into Tata Coffee and I do expect that 600-650 should be possible given the way agri prices are moving.