Buy Mcleod Russel on dips: Anu Jain

Buy Mcleod Russel on dips, says Anu Jain, Vice President, IIFL Private Wealth Management.

Jain told CNBC-TV18, "McLeod Russel is moving upwards of the 200 DMA which is closer to where it closed. So Rs 226, I would say keep a stoploss of Rs 220, you can buy it on dips, there is no rush to buy it." She further added, "I think a target over a period of 15-20 days is closer to Rs 245, so I would buy it for that kind of a target as a trading buy."