Can buy Ruchi Soya: Ashwani Gujral, Market Strategist
If you can buy with a stop of about 90, Ruchi Soya generally tends to give you 140-145.
By 
|
| Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, for his stock recommendation, in a chat with ET Now talks about Ruchi Soya and agri commodity stocks.
Have you looked at some of these agri input commodity stocks on the charts? Rice companies have gone down, soya companies are doing okay, have you looked at the charts of any?
Ruchi Soya is the one that I do track but these stocks are fairly volatile. Things keep changing fairly fast. If you can buy with a stop of about 90, Ruchi Soya generally tends to give you 140-145. But overall I think tea and coffee seem to be the flavour of the season. So probably stick to that.
Have you looked at some of these agri input commodity stocks on the charts? Rice companies have gone down, soya companies are doing okay, have you looked at the charts of any?
Ruchi Soya is the one that I do track but these stocks are fairly volatile. Things keep changing fairly fast. If you can buy with a stop of about 90, Ruchi Soya generally tends to give you 140-145. But overall I think tea and coffee seem to be the flavour of the season. So probably stick to that.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
