ADAG may rise 30-40% from the lows: Ashwani Gujral

What is the call on ADAG stocks?

Ashwani Gujral: If you buy bad sentiment and you are disciplined about it which means that if you can have clear stop losses, whenever the market is coming out of depressed environments, you will often see in 2008, the worst performers of the decline they came back the strongest. So always in this kind of a decline it is very possible that ADAG may go up 30-40% from the lows.

So obviously if you are a trader and you can keep strict stop losses, these are good times to get back into ADAG for the routine upside pullback when it happens. Realty, infra, ADAG will all have significant bounces once the market crosses 5650 type of zone.