Hindalco may test Rs 145, JSW Steel 1800: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Metals tend to perform in any sort of a global rallies. So that should continue and probably at some point, we will see levels of Rs 140-145 on Hindalco Industries.""Similar is the case with JSW Steel, which also continues to head higher, maybe Rs 1,750-1,800 is out there. It seems to be the best metal stock although Vedanta could also move higher. So, overall it is a secular trend on all metal stocks. Even, Tata Steel, post small declines tend to move higher but the best one out there is JSW Steel," he said."Jet Airways finally held on to its 200-day moving average (DMA). So, possibly the stock can go back towards Rs 650 but if you have to trade crude price then probably the oil marketing stocks are better.""Interglobe Aviation has gone through some sort of a sideways move, you want this to get pass Rs 1,100. I think better than aviation it is still oil marketing because aviation is not responding as much to lower crude prices as it was doing earlier."