Coromandel should get back up to 680-685: Ashwani Gujral, Market Strategist

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in a chat with ET Now talks about the market.

You had indicated that fertilizer stocks could be a active cluster and fertilizer stocks indeed are moving up.

Yes, both fertilizer and oil and gas. Petronet is now at an all time high. So another Rs 20-25 can come on the table immediately because this was Rs 25 range for the last many days. Coromandel should get back up to 680-685 because this was unnecessarily beaten. It is a very high quality company and the only fertilizer stock that really trends the rest of them just do volatile moves within a range.