S Kumars a strong stock: Ashwani Gujral, Market Strategist

Stop loss in S Kumars can be updated to levels of about 80.

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about S Kumars, Exide and JM Financial.

At these levels, would you still pick up an S Kumars and a JM Financial? Also, what is your take on on Exide?

S Kumars has been a strong stock and you can now update your stop loss to levels of about 80. The next target here is 95 and probably 110. Exide is a strong stock. It moved sideways throughout the corrections, 165 is a good stop. We could ride this one up to 180. JM has reached fairly long term supports. So 29 is a good stop loss to have here and we could see this one running up to 37.
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