Buy Autoline Industries with a stop loss of about 120: Ashwani Gujral

Well Autoline Industries is the first one we can buy this with a stop of about 120, target of 147 given these commodity prices are cooling off autos and auto related stocks has gone through deep correction.

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks about Autoline Industries.

ET Now: What is it that you are recommending this afternoon for day traders or even for the short term trades?

Ashwani Gujral: Well Autoline Industries is the first one we can buy this with a stop of about 120, target of 147 given these commodity prices are cooling off autos and auto related stocks has gone through deep correction chances are they will come back a bit. Orchid Pharma generally tends to do well in a market that is doing well so we can buy that with a stop of about 273, target of 330 is possible. TVS Motors it has held on to those 50 levels for sometime so keep a stop of about 50-52 and target of 66 should be possible here.
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