Sukhani told CNBC-TV18, "Gitanjali Gems is a buy because it went through a very sharp correction, found support. Now I am really looking at midcaps because the percentage gains in midcaps if this rally persists are likely to be much more than the largecaps because we can see the Nifty getting capped sooner or later but midcaps are likely to outperform; they fell more, so they have much more room to go up."
He further added, "Gitanjali Gems is a good buy. It's a day trading opportunity and if it works in your favour you can actually carry the trade. I think it's just ready to bounce up from this support."
