Sell ADAG stocks for now: Ashwani Gujral

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

What’s your view on the ADAG pack? Which one would you go by or none of them?

If you have them, use today’s rally to probably exit because these one-day sharp rallies often do not sustain and these stocks tend to make fresh lows, so it is a good idea to get out of ADAG and maybe go long some of the FMCG stocks that we discussed earlier because these stocks are likely to make fresh lows.