Research Head (MONEY MAKER
RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one
can go long in GUJRAT ALKALIES.
“GUJRAT ALKALIES is the
stock which I would suggest to buy above Rs 523; this can see upside
to levels closer to Rs 543-545 zones, keep stop loss below Rs 493”.
Stock is trading at 1.06 times
its book value & Price has been relatively flat with a change of
1.71% while Vol has risen by 58.64% (Vol compared with 5 day avg vol
till 03.30PM).
Stock has been gaining for the
last 2 days and has risen 6.37% in the period & Outperformed
Sector by 0.99%.
GUJRAT ALKALIES was closed
1.71 percent up today at Rs 506.95 at NSE.