Pipavav Shipyard is a must buy around 60: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks to ET Now on various stocks.

What is your call on Pipavav Shipyard?

This is a very newsy type of a stock and I would like this to get past levels of may be 93 to 95 but obviously this seems to be a strong stock, 60 is a pretty good base so around 60 it is a must buy.

Around these levels from 60 it has rallied quite a bit so in this sort of a market you do not want to be trapped into something where there has been news flow on the upside generally post the news bad time to buy something.