Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in GPIL.
“GPIL is strong on daily Charts & bullish cross over in MACD and good numbers at CCI shows bullish movement a head therefore I would suggest to buy above 545; this can see upside to levels closer to Rs 570 – 575 zones, keep stop loss below Rs 500”
Stock has been gaining for the last 5 days and has risen 25.75% in the period & Outperformed Sector by 2.80%.
GPIL was closed 3.65 percent up today at Rs 540.15 at NSE
Last call update: Buy INDIAN HOTEL above 143 (8 JAN 2018) TGT: 150 (TGT Achieved on (17 JAN 2018)