Buy Gitanjali Gems at around 224 for a target of 240: Rohit Shinde

In a chat with ET Now, Rohit Shinde, Head Technical Research, Nimbus Wealth Management, talks about Gitanjali Gems, KPIT and LIC Housing Finance. Excerpts:

On the charts Gitanjali Gems?

Gitanjali Gems we have given a recommendation today for our clients basically you can buy it at around 224 for a target of 240 and a stop loss of 210. Now Gitanjali Gems at least if you can see around end of May over there good volumes have started coming up and before that there was very less volume for Gitanjali Gems but as of now its pretty comfortable because there lot of volumes coming Gitanjali Gems higher tops higher bottoms so it should be okay. KPIT that you can buy at above 185 for a target of 200 and a stop loss of 178 and plus you have recommended LIC Housing Finance also you can buy at the current market price at 1267 for a target of 1315 and a stop loss of 1248.