Guj Sidhee Cem good above Rs 18: Thacker

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Guj Sidhee Cem good above Rs 18: Thacker

Gujarat Sidhee Cement has crossed Rs 15.50 and Rs 18 could be a good level for the stock, says Mitesh Thacker, Technical Analyst, miteshthacker.com.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Mitesh Thacker See what other Experts & Brokerages are saying about Guj Sidhee Cem See messages about Guj Sidhee Cem Guj Sidhee Cem BSE | NSE 30/05/12 Are Mutual Funds betting on Guj Sidhee Cem?

Gujarat Sidhee Cement has crossed Rs 15.50 and Rs 18 could be a good level for the stock, says Mitesh Thacker, Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "Gujarat Sidhee Cement is the flavour of the traders as of now. We have seen Ambuja Cement & ACC do very well. A lot of these smallcap cement and midcap cement would participate. Gujarat Sidhee looks like a similar chart though it is not indicating a start of a very significant upside. In the short term, it will enjoy good momentum. Rs 15.50 has been crossed - Rs 18 could be a good level for the stock."