Be watchful on Gitanjali Gems: Rajat Bose

Gitanjali Gems will require a long consolidation before it really moves up

Rajat Bose, from rajatkbose.com, in a chat with ET Now talks about Gitanjali Gems.

What is your take on Gitanjali Gems?

A few months back, Gitanjali Gems was my favourite. But as of now I would urge investors or traders to actually be watchful about 221 to 225. Unless Gitanjali manages to cross this level with this kind of momentum, it will fall again probably. It will require a long consolidation before it really moves up. There are other stocks like Jayshree Tea or Mcleod Russel even soft commodities like tea is also doing well. So there are quite a few opportunities in the broad market.
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