Natco Pharma a buy: Ashwani Gujral, Strategist

Ashwani Gujral, Strategist, ashwanigujral.com, talks about the pharma stocks.

Can you give one stock idea for the day and which is applicable for one week?

I would go with Natco Pharma particularly because of the choppy nature of the markets. Buy it with a stop of about 295-297 and then trade it higher because midcaps are likely to see some bounce. The pharma midcaps are likely to do well.