Remain invested in Cipla, says Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I must disclose that I have invested in to Cipla in my investment portfolio last week after this crack. The reason is structurally when I look at the pure structure there is not much downside. Even if there is downside, Rs 440 seems to be a strong support zone. So, you buy in tranches. The first tranche I bought at if it goes to Rs 440.""Structurally, looks like a good place for bottoming out. So, I would say that one should hold it. If it comes to Rs 440 I might add. If not, I think the place for going up is just right," he added.