Nov 29, 2016 04:27 PM IST | Source: CNBC-TV18

Avoid Bosch, Jubilant Foodworks: Ashwani Gujral

Ashwani Gujral of is of the view that one may avoid Bosch and Jubilant Foodworks.

Ashwani Gujral of told CNBC-TV18, "Jubilant Foodworks declined because of these events, but was in a bear market even earlier. I don’t think it will see that kind of recovery as a lot of the others stocks. Sure it can get back to Rs 1,050-1,100 which is the 200-day moving average."

"On Bosch, again if we have to get into 5 digits stocks probably MRF or Eicher Motors are better choices because Bosch is also now sideways. It is not showing any sort of great trend, so probably both our avoidable and there are better stocks in that category," he added.

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