Sell Jaypee Infratech around 75-76: Ashwani Gujral

"Keep a stop at about 55 and around 75-76, one would tend to get out. I do not think anything long term can be read so far in this move."

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

What is your call on Jaypee Infratech?

Above 55, you have another 20 bucks on the upside. Maybe the stock will rally a bit more because some stocks naturally go up even while the market is going down but people need to keep your stops.

You keep a stop at about 55 and around 75-76, you would tend to get out. I do not think anything long term can be read so far in this move.
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