Diwali Technical Pick 2024 : Gujarat Mineral Development Corporation Ltd For Target Rs. 295 - Nirmal Bang Ltd
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Gujarat Mineral Development Corporation Ltd
* Momentum Indicator RSI showing a positive cross over in daily chart indicates strength.
* Weekly line chart indicates that stock has given a breakout of downward sloping trend line with volumes which indicates an potential up move. The prices are currently trading above the long term average 50DMA which is a bullish signal.
* Therefore, investors can buy the stock at 354 and on dips to Rs 325 for a target of Rs 440 with a strict stop loss placed below Rs 295
Buy Gujarat Mineral Development Corporation Ltd CMP 354 Add On 325 SL 440 Target 295
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SEBI Registration number is INH000001766
