Rajen Shah positive on fertiliser space

Rajen Shah of Angel Broking is positive on fertiliser space.

Shah told CNBC-TV18, "The availability of gas is the only concern but there are some stocks which can see some action because we have seen Tata Chemicals correct from about almost Rs 360 levels to about Rs 335 levels. So those stocks can be expected to do well."

He further added, "Tata Chemicals is one stock which we believe should do well and even Rashtriya Chemicals and Fertilisers (RCF) could see some gaining momentum in the coming week. So we continue to be positive on the fertilizer space."