Bonaz Capital of Bonazcapital.com is of the view that one can buy Ashok
Leyland, GMDC and JBF Industries and can sell Ambuja Cements and
Engineers India.Ashwani Gujral of ashwanigujral.com told CNBC-TV18,
"Midcaps are kind of outperforming, so, I am staying with the midcaps on
the long side. Ashok Leyland is buy with a stop loss of Rs 90 and target of Rs 104. GMDC is buy with a stop loss of Rs 138 and target of Rs 150."
"JBF Industries is buy with a stop loss of Rs 293 and target of Rs 308.
Ambuja Cements is sell with a stop loss of Rs 240 and target of Rs 225.
Engineers India is a sell with a stop loss of Rs 158 and target of Rs
146," he said. "United Spirits, from the way it moved over the last
few sessions, possibly there was an anticipation that this is going to
happen. Now, because of this news, a correction is likely. Now, if in
this correction it gets to Rs 2,350-2,400, I think those will be good
levels to get back into the stock instead of…