Stay with Gati Corporation, says Gujral (Moneycontrol.com 31st DEc 2007)Technical Analyst, Ashwani Gujral is of the view that one can continue to hold Gati Corporation with a stoploss at breakeven and anytime he/she sees this move petering out probably book some profits.Gujral told CNBC-TV18, "The entire logistic space seems to be getting some movement back. Gati Corporation consolidated for a longtime, broke out above Rs 140. The theoretical target was around Rs 190 but one can continue to hold on with a stoploss at breakeven and anytime one sees this move petering out probably book some profits. More
Sensex today closed 691.55 point up at 19854.12 , Nifty was up 218 points at 5985.10. It is the 6th bigeest gain in oneday. Today's main contributors are IT stocks. Wipro was up at 535.30 (+8.86%), Infosys up at 1810.90(+6.63%) and Satyam closed at 454.55 up by 6.28%. The buying activity was wide-base and lifted almost all the sectoral indices. Sector wise performance was as follows - BSE IT 4581.61 (+260.98) BSE Healthcare 4294.83(+52.30) BSE FMCG2218.74(+20.29) BANKEX 11101.74 (+363.15) BSE Auto5586.83(+45.57) BSE TECk3961.96 (+185.00) BSE PSU 9830.01 (+317.11) Today BSE Midcap closed at 9211.71 up by 186.17 and BSE Smallcap index closed at 11980.57 up by 167.25 points.
Comments