Go long on GAIL; target 520-525: Jitendra Mehta

Jitendra Mehta, Technical Analyst, Edelweiss in an interview with ET Now talks about GAIL.

Jitendra Mehta, Technical Analyst, Edelweiss in an interview with ET Now talks about GAIL.

What is your sense on GAIL and what you think could be the outlook here?

We have been maintaining a very bullish outlook on GAIL for sometime. Even at this price, we like GAIL. It is one of the more stable stocks that has been pretty much trending upwards. Its current level is quite a good entry point, One can go long on GAIL for targets around 520-525 on the upside.
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