Buy Chambal Fertlisers from a trading perspective: Sandeep Wagle

I will go with Chambal but I do not see a move beyond 5% to 7%. Normally these stocks have a pattern where the move is on into 2 or 3 days and there is a tendency to move sideways after that.

| Updated: Jun 30, 2011, 02.31 PM IST

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, aptartindia.com in an interview with ET Now talks about fertiliser stocks.

What is the call on fertiliser space?

I will go with Chambal but I do not see a move beyond 5% to 7%. Normally these stocks have a pattern where the move is on into 2 or 3 days and there is a tendency to move sideways after that. So we are on the second day. So another one day it can move, not much upside but a trading move nevertheless is what I can talk of.

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