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  1. #1
    Join Date
    Aug 2007
    Location
    Pune, India
    Posts
    126

    Thumbs up Gwalior Chemical

    GwalChem (CMP: 92.35)
    It has seen some bulk deals buy by Goldman Sachs at 100+ and at 95 levels. The stock has good support in 80-85 area.

    Buy it below 90 for a target of 105 in the short term.
    Paresh

  2. #2
    Join Date
    Aug 2007
    Location
    Pune, India
    Posts
    126
    GwalChem (CMP: 86.90) (High: 94.40, Low: 85.10)

    It stayed above 90 for the first session, and later fell after severe market drawdown. If you are lucky you got it near 85 levels. Now wait and watch for the target of 105 (and beyond if you are patient)

    Paresh

  3. #3
    Join Date
    Aug 2007
    Location
    Pune, India
    Posts
    126
    GwalChem (CMP:88.70) (High: 91.20, Low: 85.20)

    Closed up 2% and has good support at Rs. 85 even in a falling market like this.
    Paresh

  4. #4
    Join Date
    Aug 2007
    Location
    Pune, India
    Posts
    126
    Glad to say GwalChem hit Rs. 110.90 today. Not bad returns for 4 days (85 to 105)
    Paresh
    If people put you on the SPOT, ask about FUTURE, and give you no OPTION;
    just tell'em "the LONG & SHORT of it is How to Make Money!"

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