Avoid textile stocks: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now, gives his stock call


What is the call on Bombay Dyeing, Century Textiles and Raymond?

We have covered up the shorts which we had in Bombay Dyeing. So I do not want to go long. Neither a Century, nor a Bombay Dyeing. This is a bounce back. Strong bounce back is possible but I do not want to go long in either of them. Talking about Raymond again no. Between all the three, Century is No. 1, Bombay Dyeing is 2 and Raymond is 3. So there is no question of going long on Raymond either.