GTL - Mid Cap Stock Pick


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GTL - Mid Cap Stock Pick

Lately there has been some major activity in GTL. Recently the stock has moved up on high volumes (from a period of quiet sideways consolidation) to confirm a new intermediate UPTREND.

BUY/ADD now with a stoploss at 98.00 for an intermediate target of 130-135.
viveanan said:
please elaborate the name of GTL
GTL Limited was formerly known as Global Tele-Systems Limited!

GTL Ltd. is a $172 million, end-to-end E-Business solutions company with ingenuity in providing infosolutions with services ranging from E-Commerce to Software Development, Engineering and Application Services, Data Centers, Virtual Private Networks, Voice and Terminal based Call Centers Solutions, and Strategic Sourcing Solutions.

GTL is ranked amongst the top 20 Companies in India and is Indias largest E-Business Solutions Company providing business communication solutions to over 7,500 businesses and corporates in India. GTL boasts of a client base that includes the Top Fortune 500 companies.

Its worldwide clientele includes Microsoft, GE, Intel, American Express, British Airways, Singapore Airlines, Deloitte & Touche, Hewlett Packard, Agilent Technologies, HSBC, Citibank, Standard Chartered Bank, amongst other large Corporate Houses and Multi-National Corporations in India.
Traderji said:
GTL had a good move yesterday with some increase in volumes. Should cross its previous top of 110.00 soon!

Dear Traderji and all members, as suggested i had bought GTL -100 @ 100.80 ....the results announced today arent impressive is it advisable to exit at current value(101.70) or need to wait fo some time...

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