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GMDC has target of Rs 150-160: M Thacker

Published on Tue, Nov 24, 2009 at 10:49 |  Source : CNBC-TV18

Updated at Tue, Nov 24, 2009 at 10:54  

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Gujarat Mineral Development Corporation (GMDC) has target of Rs 150-160, says Mitesh Thacker , Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "Gujarat Mineral Development Corporation (GMDC) was buzzing yesterday. I think there is good enough upside left in the stock. I think Rs 150-160 could be a good short-term target. I think on overall the weekly chart looks very strong, so on dips around Rs 120-118 will be an excellent buying opportunity for the stock for somebody who has two-three months kind of horizon."

  

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