Kaveri Seeds amy touch 600-650: Shrikant Chouhan

Shrikant Chouhan, Senior Vice President Technical Research, Kotak Securities in an interview with ET Now talks about infrastructure stocks.

On the charts anything in the smaller pocket that looks good?

Yes, there is lot of action in that space and we are looking for especially at Kaveri Seeds which is trading at 400 something. If we go through the chart of last 2 years then we can easily make out that the stock is out of its breakout level and we are going to see the levels of something 600 or 650 in next 3 to 4 months.

One more stock that is there is Camson Bio which has gained. It has broken the consolidation pattern and is again trading above its important level. So there is a lot of action but yes we have to be patient buyer and buy just more and more on declines because the story is still yet to come, the euphoria is still yet to come and that is why Kaveri Seeds, Camson Bio, Rallis and BASF these are the stock to look for.