Nagarjuna Fertilisers and Deepak Fertilisers are best fertiliser picks: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services in an interview with ET Now talks about fertiliser stocks.

For the short-term, do any of the fertiliser charts look good? The fertiliser stocks, one and two, I have also seen some bit of interest in the agro stocks, the likes of Agro Dutch and Heritage Foods. Do you like anything there?

Agro Dutch is looking positive, but I would want a little higher volumes where one can talk of a bigger move. I do definitely see an upside move of 7-8-10% possibly and fertiliser also, 7-8% upside is what I am seeing even in the short term. Long term is a different story, but short term, I am seeing a further move and the best pick in fertilisers would be Nagarjuna Fertilisers and Deepak Fertilisers.