Buy JSW Steel; target 750 : Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check) in an interview with ET Now talks about JSW Steel.

What is the call on JSW Steel?

Today has been a day for metals and within metals, the Jindal Group has done quite well. JSW Steel was a recommendation in the morning and this was falling 100 bucks a day when the falls were happening and once it starts to pick up momentum on the upside, it generally covers ground fairly quickly.

So, we are carrying on with this position, so you buy this again with a stop of about 675. The stops have been updated, also the target has been updated to about 750.