Godrej Consumers is a buy: Ashwani Gujral, Market Strategist

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about Godrej Consumers and FMCG stocks.

What is the call on couple of midcap FMCG names like Godrej and Colgate? Is there any trade possible there?

FMCG is just holding steady and there is really no trend out there. Colgate is still in a range between 820-890. Godrej Consumers has corrected quite a bit. You can buy it with a stop of about 360 and wait for about 440. But these days, mainline stocks are not getting volume or buying. Even Godrej Consumers is not going to run up suddenly today for no reason. So just buy it and hang on.