Simi Bhaumik of simibhaumik.com told CNBC-TV18, "GAIL India on technical parameters is looking excellent I have given a buy call on this stock. I am expecting a rally in this and am expecting a target of Rs 352-357. This stock is actually taking support around Rs 340 range. I would rather wait for a minor dip and go long with a stop loss below Rs 338. My targets on the upside would be Rs 352 and Rs 357. These are intraday target."At 09:19 hrs GAIL India was quoting at Rs 347.00, up Rs 1.40, or 0.41 percent. It has touched an intraday high of Rs 347.20 and an intraday low of Rs 342.75.
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