Buy Jain Irrigation Systems with price target of 104: Vijay Bhambwani

In a chat with ET Now, Vijay Bhambwani, Author, CEO, BSPLindia.com shares his views about Jain Irrigation Systems.

ET Now: What is the call on Jain Irrigation Systems?

Vijay Bhambwani: Buy Jain Irrigation in the cash segment at 100. I am afraid that the price has moved upto 101. So, you might just want to take liberty with the rupee here and there on the entry side. So, buy at 101 with stop loss at 98 and target for booking profits would be 104 levels.