Good opportunity to buy AGAG pack: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his views on ADAG pack.


What is the way forward for Anil Ambani Group companies now?


Whenever there are rumours of court order against them, it is a good idea to buy them because generally they have been unfounded and you tend to get large rallies but Reliance Capital 480-485 has been a decent support and on rallies around 615-620, you tend to peak out.

So this is that kind of range that you need to play on these stocks because they are still in no confirmed uptrend. So they are choppy within 100-150 point type of band. I am talking about both Reliance Capital and Reliance Infra. So if you have to buy them, buy them on bad news and tend to get out when there is a relatively positive news.