Sharekhan retains 'Buy' on GAIL India
Sharekhan has retained `Buy` on GAIL India with a price target of Rs 541 as against the current market price of Rs 425 in its report dated Oct. 25, 2011.
Traders can buy GAIL at CMP or on dips to Rs 351 for a target of Rs 373 with a strict stop loss placed below Rs 345 from perspective of 4-5 weeks, said Rahul Randeria, technical analyst, IDBI Capital.