GMDC has target of Rs 145: Sandeep Wagle

10814 Investors following Guj Mineral. Share this News with them.

0

Like this story, share it with millions of investors on M3

GMDC has target of Rs 145: Sandeep Wagle

Gujarat Mineral Development Corporation (GMDC) has target of Rs 145, says Sandeep Wagle, Head of Technical Analysis, Angel Broking.

Post your opinion here

 

0

Tweet

Share on Tumblr

Excerpts from Midcap Radar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sandeep Wagle See what other Experts & Brokerages are saying about Guj Mineral See messages about Guj Mineral Guj Mineral BSE | NSE 10/02/12 Are Mutual Funds betting on Guj Mineral?

Gujarat Mineral Development Corporation (GMDC) has target of Rs 145, says Sandeep Wagle , Head of Technical Analysis, Angel Broking.

Wagle told CNBC-TV18, "GMDC has given a very clear decisive breakout day before and it is consolidating. It could consolidate for the next 2-3 days more, so ideally better option would be to go for a 2-3 week time horizon, say 10-12-15 trading sessions. GMDC is around Rs 132 can be bought at current levels maybe upto around Rs 128 with a stoploss of Rs 125. We are looking at a target of around Rs 145 which is almost 12-15% upside."

Disclosure: I do not own the above stock but our clients maybe having some positions in it.