Technical Analyst, Ashwani Gujral is of the view that Godrej Industries move upto levels of Rs 120. It has support at Rs 80.

Gujral told CNBC-TV18, "In the midcap space what has been happening is that stocks have been correcting by rotation. So a lot of stocks have been correcting for the last eight-ten days and are now moving up. So on Godrej you could have a support around Rs 80 that could move upto levels of Rs 120.”

He further added, “On India Cement, Rs 100 has been a decent support. There we could see levels of Rs 140-145. Again the cement story now is percolating to the midcaps. So you are seeing a lot of demand coming there.”