REI Agro, Jubilant Foodworks on the bearish side: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com

Any BT/ST idea or call from your stable. What is your call on REI Agro or Jubilant Foodworks, both of them are down heavily by 6% odd?

Both of them look a little on the bearish side. Possibly, RRI Agro can test somewhere around 26. Jubilant Foodworks can go up by another 3%-4% so definitely not a great buy at this level. I will not give a BT/ST today but if one wants a ST/BT one can sell DLF for a 2% to 3% downside in a day or two.