Buy GAIL India, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "GAIL India is a buy call. I do not know what the stock is doing. It was a short sell when whole market was going up. Now it has rallied, it has stalled, it is on the verge of a breakout on the upside. How much potential it has in the down trending market, I cannot say, but it is still a buy."

At 10:06 hrs GAIL India was quoting at Rs 394.65, down Rs 1.60, or 0.40 percent on the BSE.

The share touched its 52-week high Rs 551.35 and 52-week low Rs 354 on 31 October, 2014 and 28 April, 2015, respectively.

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