Buy Kingfisher at current levels: Kunal Saraogi, Technical Analyst

In an interview with ET Now, Kunal Saraogi, Technical Analyst, www.equityrush.com talks about aviation.

From the aviation space any counters that you like Jet, Kingfisher or even a SpiceJet?

If you look at the aviation space, two stocks Jet Airways and Kingfisher look good but I would rather buy KFA. One thing of course is its part of the derivatives trade so you can actually hedge your positions if you are trading in KFA. The stock of course can run up further still from the current levels definitely a buy given the breakout that we have today, KFA can be bought even at the current prices.