Go short on Jubilant Food: CK Narayan

CK Narayan, Growth Avenues Asset Advisors in an interview with ET Now talks about Jubilant Food stocks.

What is the call on Jubilant Food?

For the short side, I pick Jubilant Food. It is one of those higher beta stocks patronised by traders. So, I am looking for a short in Jubilant at about 885-890, stop loss 900. Look for a target at about 865. So entry and exit should not be a problem.