This is not right time to get into ADAG: Ashwani Gujral

"I do not think this is a best time to get into the ADAG around 5400. Those are the kind of stocks that you get out of if you have been in them."

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check) in an interview with ET Now talks about ADAG.

What is the call on ADAG basket?

ADAG has already moved for a couple of days. And today if we open gap up, there will probably be making a three day high that is not generally a good place to buy ADAG. Note that I would buy them otherwise also but right now they are sitting on a three day worth of rally.

The bails have been rejected. So, I do not think this is a best time to get into the ADAG around 5400. Those are the kind of stocks that you get out of if you have been in them.
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