Buy Jain Irrigation on dips: Vijay Bhambwani

Vijay Bhambwani, Author, CEO, BSPLindia.com, in a chat with ET Now, gives his stock call


What is your call on Jain Irrigation?

Jain Irrigation I would buy on dips at Rs 135 levels and hold with a stop loss at Rs 133.5. I would anticipate profit booking opportunities at Rs 138 or near about or close whichever is earlier and since the markets have seen a huge gap up on Friday and a big up move, there would be volatility in the market intraday. Therefore possibilities are that these entry levels would be triggered sometime in the coming hour or two.