Bullish on metal stocks like Tata Steel from a long-term view: Ashwani Gujral

In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com shares his views about the metal stocks.

ET Now: Would you completely stay away from the metal space?

Ashwani Gujral: It is a weak group. On a longer term basis this is a correction, where if people enter and whenever global commodities or metal stocks recover, you will get fairly decent gains from here. JSW Steel around 700 has a decent support. Tata Steel around 420-430 are good levels to buy for the longer term. So, the metal stocks have corrected to decent support levels. They may not outperform immediately but overtime these will be good buying prices.