Buy Jain Irrigation: Ashwani Gujral

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, on his view on Jain Irrigation.

Have you been checking out the charts of Jain Irrigation?

The agri type stocks, they tend to do well in the run up to the budget and Jain Irrigation has been in a bit of a bull market of its own, though has been sideways for last few weeks.

So you can use a stop of around Rs 210-Rs 215 and may be see levels of Rs 260-Rs 265 around the budget. It is really a safe stock, good investment stock, so on declines, it remains a buy.