Buy Hindalco, Nalco with 3-6 months timeframe

Sajiv Dhawan of JV Capital Services is of the view that one can buy Hindalco and Nalco with 3-6 months timeframe.

Dhawan told CNBC-TV18, from a longer term perspective, metal is a very difficult sector to play and this whole Tata thing sent a lot of positive signals for the sector. Tata Steel and SAIL will remain in the limelight but obviously it doesn't benefit individual shareholders immediately. So I think it is a sector you need to play with a medium term time frame.

He further added, if one is looking at stocks like Hindalco, Nalco on the other side again the same caveat that these stocks do move with global commodity prices, which are volatile. And it is difficult to predict the trend of these commodities. So buy these stocks only if you have got a short term timeframe atleast 3-6 months and not trying to pick the momentum because they are difficult to predict at the current time.