Sell JSW Steel, UPL, Ceat, Jet Air; buy Marico: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "JSW Steel is a sell with a stop loss of Rs 187, target of Rs 173. UPL is also a sell with a stop loss of Rs 710, target of Rs 675. Ceat is a sell with a stop loss of Rs 1,170, target of Rs 1,100. Jet Airways is a sell with a stop loss of Rs 425, target of Rs 400. Marico is a buy with a stop loss of Rs 276, target of Rs 292.""Particularly the midcap type stocks like DLF, etc could come under the hammer because chances are a lot of long positions are stuck in those stocks and out there, you will see major hammering," he said."If all global markets fall, metals will also fall, so this is a day’s call but overall metals are bullish. So, once they correct enough, you can again get back into them."