Avoid getting into JB Chemicals: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about JB Chemicals.

JB Chemicals, how are the charts in this one?

JB Chemicals kind of broke down from 170 down to 115. Now slowly it is kind of forming a base but the stock chart is pretty jagged. I would much rather get into a Sun Pharma or something like a Lupin or Ranbaxy. I do not think this is a great trending stock to get into.