Buy Mcleod Russel on declines: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about Mcleod Russel.

What would you do with Tata Coffee, CCL, and Mcleod?

CCL, looks like that is headed towards 400, if Tata Coffee can go from 400 to a 1000 CCL will also do its catch up. Tata Coffee, meanwhile 1000 is its kind of neckline. The day we are able to close above 1000 consistently couple of days I think Tata Coffee could head up to 1150-1200.

Mcleod Russel has been all time favourite. 295-300 on Mcleod is easily possible. These agri commodities on any kind of declines you just go ahead and buy them. I do not include sugar in them because sugar in this country is kind of regulated but some of the unregulated out of which tea and coffee are one those can be bought on all declines.