Can re-enter Kalindee Rail stock on any dips of 5-6%: Devang Visaria, devangvisaria.com

Devang Visaria, Chief Strategist, devangvisaria.com, in a chat with ET Now talks about Kalindee Rail.

What is your take on Kalindee Rail?

Most of these rail stocks have seen very smart gains over the last one week or so and most of the stocks are up by at least 10% to 15% from their recent lows. But again, volumes tend to taper off on days when the stocks are consolidating.

So if you were to decide to exit, there would always be a problem but medium term setup looks interesting and on any dips of 5-6% from these levels, you could again re-enter these stocks.