Gitanjali Gems has held on: Ashwani Gujral, Market Strategist

Ahwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about Gitanjali Gems.

What would be the rating on Gitanjali Gems?

Gitanjali Gems has held on. If global markets start weakening, that should have some kind of an impact here. 180 has been strong support. This is one of the few stocks which is looking like it has completed the correction and could head up. But 180 is your stop. If it breaks that, the trade is over. But on the upside, you could easily find on a good day the stock trading up to levels of 250 and may be even 280.