Buy Agro Tech Foods as it can reach 430-435 levels: Vijay Bhambwani

In a chat with ET Now, Vijay Bhambwani, Author, CEO, BSPLindia.com (Technical Check), shares his views on various stocks.

ET Now: What is your call on Agro Tech Foods?

Vijay Bhambwani: Agro Tech Foods currently is looking to react to short term blips. It is trading near its highs. Therefore, it is exhibiting a good deal of relative strength vis-à-vis the markets.

If it manages to break out above the 430-435 levels and stay there, the stock could scale up all the way to 460-465. The conducive market scenario and the risk reward ratio points towards a buy.