REVIEW OF STOCK STRATEGY
We had recommended buying the stock of Gujarat Mineral Development Ltd at Rs 148.85 in issue no. 51 (dated October 09, 2017). After our recommendation, the stock touched high of around Rs 152. However, the stock failed to sustain at higher levels and retraced back.
At present, the technical pattern looks good and hence we recommended investors to hold the stock with stop loss of Rs 143.