Buy Gail India, says Simi Bhaumik

Simi Bhaumik of simibhaumik.com told CNBC-TV18, "For next year, I am expecting Gail India to produce great returns. This stock is looking bullish on short-term to medium-term parameters, not just short-term charts. It has shown some strength on its medium-term charts also. As long as it holds above Rs 363-365 range, any dip should be taken as a buying opportunity.""My next week target would be Rs 377-382. I am going to recommend this stock for short-term, target Rs 377-382, maintain your stoploss below Rs 360 and use any dip in the stock to go long. I am expecting a big rally going forward," she added.