Buy GAIL India, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "GAIL India is a buy. It came back to a strong support level after a very sharp rally and a sharp decline. There is support at Rs 460-465. This support should hold, it is very strong. It is also a positional trade, keep a slightly wide stoploss around Rs 435. You could also be a buyer here otherwise. It’s a day trade."

At 09:31 hrs GAIL India was quoting at Rs 485.80, up Rs 8.65, or 1.81 percent. It has touched an intraday high of Rs 487.20 and an intraday low of Rs 479.50.