Stay with agri stocks, particularly KRBL: Deepak Mohoni, trendwatchindia.com

Deepak Mohoni, director, trendwatchindia.com, in a chat with ET Now talks about agri stocks.

What is your view on agri commodity stocks? How are Rei Agro and KRBL looking? A day ahead of the Budget should one book profits or play for a trading bounce?

I would say stay in these stocks still. KRBL in particular because it has been doing not just well with the Railway Budget but it also had a fair amount of momentum earlier. Rei Agro not so much because Rei Agro is way below the high it had in 2008 end, that was 175, right now it is at Rs 50.

Given that, these stocks are quite different for me. KRBL has a fair amount of momentum, it has had a bull market high. It might be a little too volatile to hold if there is a bear market confirmed or something. But at the moment absolutely nothing wrong with it.
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