Stocks to Buy with Anil Singhvi – GAIL (India): In this edition of Special Picks with Zee Business Managing Editor Anil Singhvi, Stock Market Experts Kunal Saraogi and Rakesh Bansal recommended a PSU stock for high returns. The experts selected GAIL (India) Limited as a top Buy for handsome returns. Know why this stock was picked by the experts and what gains it is expected to give to the investors.  

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Analyst Rakesh Bansal said that there is a Buy recommendation ion GAIL as this stock has seen a big breakout.    

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GAIL March Futures are currently trading at Rs 151. He said that the price of this stock will exceed the buyback price.  He said that the investors should not miss the northward march that will be seen in this stock. He puts the target price at Rs 178-Rs 180. 

Analyst Saraogi also said that this was a top stock to buy. He said that PSU stocks have now got back in focus. He said that all the state-run companies have been showing action one-by-one. He further said that all the oil and gas companies owned by the Government have been doing very well.  

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He said that a fresh breakout has been seen in GAIL stock at levels around Rs 150. He recommended a Buy in this stock at current levels. He puts the stop loss at Rs 149 – a small stop loss. His first target price is Rs 156.50 and the other target price is Rs 160, which he called as aggressive. It is an excellent trade in terms of risk-to-reward ratio, Saraogi said.