Buy Uflex with a stop at 130-132: CK Narayan

"...buy this with a stop at about 130-132 and looking for a target at about 140 to 145 in the near term."

CK Narayan, Growth Avenues Asset Advisors, talks to ET Now on various stocks.

What is your call on Uflex?

Uflex, I see a nice price pattern building there. The other stocks from the sector are also fairing similarly well. So interest seems to be back in the polyester chips market.

Currently trading at about 134-135, look to buy this with a stop at about 130-132 and looking for a target at about 140 to 145 in the near term.
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