Go long in Colgate Palmolive on dips: Aditya Agarwal

Aditya Agarwal of Way2wealth Securities told CNBC-TV18, "Colgate Palmolive has seen a sharp correction in last couple of days. Now we are seeing short covering in the stock, today it has given a breakout above Rs 940-945 and it is trading well above that. The short covering may continue and on higher side it may test Rs 995. So on any dip, towards Rs 960 can be used to make long positions keeping a stop loss at Rs 946."At 12:49 hrs Colgate Palmolive (India) was quoting at Rs 973.75, up Rs 26.85, or 2.84 percent. It has touched an intraday high of Rs 977.05 and an intraday low of Rs 946.45.