Sukhani told CNBC-TV18, "Yes. We have had a sell on Jain Irrigation Systems few days ago. This selling is relentless. It is now broken down from the support so perhaps a base building exercise is going on but it is no longer easy to be bullish on the stock. It is very choppy. One should take the trade on both sides. The chances are that Jain Irrigation's dip could easily come back to Rs 62-63, which is where rally started from."
At 12:27 hrs Jain Irrigation Systems was quoting at Rs 71.85, up Rs 0.15, or 0.21%.It has touched an intraday high of Rs 72.80 and an intraday low of Rs 71.10.It was trading with volumes of 230,934 shares.
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