Buy Mercator Lines; target 28: Ashwani Gujral

Ashwani Gujral, Fund Manager, Ashwanigujral.com, in a chat with ET NOW talks about Mercator Lines.

What is your recommendations for today?

Now on day like today I have all buy calls although. I knew that the market would gap down but I also know that at lower levels again, some kind of short covering or buying is likely and particularly in the midcap stocks. So that is where the concentration is. So, Mercator Lines is a buy with a stop of about 19, target of 28.