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Avoid Ashok Leyland; Buy ACC, UltraTech: Ashish Chaturmohta

PUBLISHED ON: June 28, 2016 | Duration: 16 min, 16 sec

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Ashish Chaturmohta, vice president (head of derivatives & technicals) at Sanctum Wealth Management, says investors should avoid Ashok Leyland as it is trading close to its resistance level of Rs 100. He adds that investors should rather look at buying cement stocks like ACC and UltraTech for upside of 7-8 per cent from current levels.
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