Buy Insecticide India, Rallis, Jain Irrigation: Ashwani Gujral

Insecticide India, which has been rallying and is hitting fresh highs in a market that is not doing too much.

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, shares his trading calls.

What is the call on United Phosphorus and MphasiS?

MphasiS is a weak stock. It was a sell call some days back and if US corrects further, tech would come under pressure.

That there are better agriculture stocks than United Phosphorus. Although United Phosphorus is making a range between Rs 125 and Rs 145, once it can get past Rs 145, it would enter some kind of an uptrend.

However, I like Insecticide India, which has been rallying and is hitting fresh highs in a market that is not doing too much. So, Insecticide India is a buy. Rallis is also a good agri stock. Around Rs 180-190 levels, Jain Irrigation is also good. United Phosphorus is not the first choice.
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