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#Buy GMM PFAUNDLER LTD near 1000 to 1125 Stop loss900 Target 1,500 Time frame- 1-2 months.
@cmp, i will trade in small chunks until it brks 625Rs.
Rationale: Forming Asc.triangle. Tested upto 625Rs in apr & May 2017.
Note: If closes above 625, Doors open for big targets. I will add more position, if brkout @625 sustained.
GMM Pfaudler is undergoing a six month long ascending triangle consolidation and is ripe for a breakout in coming months. Breakout above 600 may open up unlimited possibilities. Accumulate with S/L of 530.