Midcap Medallion : Gujarat Mineral Development Corporation Limited by Target Rs. 790

2026-04-16 03:29:55 pm | Source: Religare Broking Ltd

Midcap Medallion : Gujarat Mineral Development Corporation Limited by Target Rs. 790 - Religare Broking Ltd

News By Tags | #GujaratMineralDevelopmentCorporationLtd #TradingReport #ReligareBrokingLtd

Gujarat Mineral Development Corporation Limited

Technical Outlook

The metal and mining pack continues to exhibit strength, with GMDC keeping pace and hitting a fresh record high.

* The stock has broken out of a six-month consolidation phase, forming a symmetrical triangle pattern—a classic continuation signal.

* This breakout is supported by a significant rise in trading volumes, indicating strong buying interest and the potential for further upside.

* Given the positive chart structure and supportive sector trends, GMDC appears well-positioned and may be considered for buying on a delivery basis within the specified levels.

Buy Gujarat Mineral Development Corporation Limited CMP 672 Range 670-675 SL 628 Target 790

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ00017433

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Midcap Medallion : Gujarat Mineral Development Corporation Limited by Target Rs. 790 - Religare Broking Ltd

Top News

Tag News

More News