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Technical Analysis - Gateway Distriparks

'Buy' Gateway Distriparks: Anand Rathi (The Economic Times 4th Jan 2008) Anand Rathi Securities has a medium term technical ‘buy’ call on Gateway Distriparks Ltd for a target of Rs 232. The current market price is Rs 168.70. “The stock not only breached its long term trendline resistance and sustained above it forming a higher bottom, it also breached its medium term resistance at Rs 162,” the brokerage says giving its rationale. More
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