Buy Gitanjali Gems: Sudarshan Sukhani

One can buy Gitanjali Gems, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Midcaps need to do a lot of work on charts before we can say go and buy them. Gitanjali  Gems has done it, it had a fantastic rally and then for the last three months it has been in a trading range. That range is  breaking on the upside and that is the way it should be because when you enter a range after a rally the eventual  breakout should be in the direction of the up move. So here it is going into life time new highs."
He further added, "Gitanjali Gems is a buying opportunity, not just a day trade, it is a swing trade, it is a position trade.  Any time frame you want to hold on to it is worth buying into."