Gitanjali Gems

Is it a good time to buy the stock? Its at Rs.190.How does the coming 6 month looks for this stock?

well being export oriented company and dependent on the $$$$ it is languishing as $$$$ is weak against Re..

But it is good long term candidate.

Satya

i just realized that i completed 2 years in the forum. go to celebrate this with a Champagne

Satya

Thank you satya! Congratulations for the completion of 2 yrs.

Congratulations Satya! But how you managed get the Champagne in Saudi? may be you should buy Gitanjali Gems

Regards
ken

I m not sure on what context you are asking for an entry. Currently there is no entry on technical levels. Only an entry above 212 can be considered at this point of time

Getanjali Gems
I Have Seen Its Charts....

Feb Month It Was At 250 Level And Came Down Sharply Near To Rs 180

From 180 Rs It Moved Up Tp 210 Level

And From There It Fallen To 180 Again
And It Moved Up To 210 Level
And It Fell Down To Current Market Price 189 Rs

From This U Can Assume One Thing

180 Is The Support Level

210--215 = Resistance Level

Wait For A Proper Trend Then U Buy

well, i meant saudi champagne mean fruit juice. anyway, bahrain is just 45 KM away, so I drive there to have fun.

Satya

rajesh,

one thing for sure, this stock is not a laggard. I mean it reacts very fast both ways. If you enter at right time, you can make a quick buck of 20-30% and exit coolly.

One can enter at 190 levels, with a Stop Loss around 165, which was major support for it in 2-3 times (if i am not wrong, as chart is not there with me at present, recollecting from my mind )

Satya

So you are close to Bahrain. Have fun. I have seen the Saudis enjoying their weekends in Bahrain as I worked for BAPCO and lived there for 12 years.

Cheers
ken