About to break upwards? Looks like a solid bottom and reversal, hard to say with low volume. Copper is heading up, Huge experience here and just getting started. Major Chilean properties and partnerships. Small Market Cap. Ownership Options at $.80. I like this one to at least $1. Thoughts?
Scrip Name: GMDC (Gujarat Mineral Development Corporation)
Setup: Decent Valuation, Prices showing upcycle
Entry - 64-70
Stoploss range - 44-50 (This is an investment Idea. In case of market correction, additional positions can be added)
Target 1 - 80
Target 2 - 90
Target 3 - 105
Time Period - 3-6 Months
GPIL is a midcap steel derived products, power generation and iron ore mining.
This stock has had a tremendous bull run (almost 9x YoY) and still trades at a reasonable valuation
Expecting further value unlocking to happen as the Steel bull run continues.
there is an short term term opportunity in Chennai petro.
➣ Stock in weekly resistance zone.Anytime breaout possible
➣ Promising chart,ascending & symmetric triangle pattern in the chart.
➣ Good time to Enter.
➣ In last 3 months, mutual fund holding of the company has increased by 1.64%.
➣ Good Q4 numbers published.
Note guys this is not a buy...