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GATI LONG -

Discussion in 'Technical Analysis' started by raja_praveen, Aug 7, 2017.

  1. raja_praveen

    raja_praveen Champion

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    Occupation:
    CHARTS READING
    GATI BUY AT 120. FOR TGT OF 124/127/136

    A BEATEN STOCK
    GST FAVOURITE
    VRL LOG HAS RISEN ON LAST TRADING DAY
    CHANCES MAY BE MORE FOR UPSWING.
     
    raja_praveen, Aug 7, 2017
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  2. arunmohan

    arunmohan Active Member

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    arunmohan, Aug 7, 2017
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  3. shabbir

    shabbir Administrator Staff Member

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    And how do you know that so early?
     
    shabbir, Aug 7, 2017
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  4. arunmohan

    arunmohan Active Member

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    Well the stock has been dropping steadily since few months now, I am nt writing off the stock. My doubt was being a fundamentally good company it has not been running after GST.

    Sent from my Lenovo A7020a48 using DIY Technical Analysis mobile app
     
    arunmohan, Aug 7, 2017
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  5. nirajshah

    nirajshah Champion

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    nirajshah, Aug 8, 2017
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  6. shabbir

    shabbir Administrator Staff Member

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    There isn't much growth in the business for 3 years now and so it is expected to run on rumours and sell on news kind of play. It isn't cheap trading at almost 40 PE which means it needs good amount of growth in the core business to show good price action
     
    shabbir, Aug 8, 2017
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