Kingfisher Airlines is likely to correct 5-8%: Ashwani Gujral

In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com (Technical Check), shares his views on various stocks.

ET Now: What is the call on Kingfisher Airlines?

Ashwani Gujral: For Kingfisher Airlines, 25-26 could provide a support but we should wait for the stock to have a 3 to 5-day type decline and then get into them. The policy news flow is probably now out. So, these stocks are likely to correct 5% to 8%.