Friday, August 28, 2009

GSPL ..

The counter continued to witness higher rollover in the current expiry, mostly on the long side. It saw a rollover of 92% as compared to 84% in July series. In addition, the stock has added fresh long in the Sept series. We believe the momentum can continue in the counter on account of strong built up in September series. We advise traders to hold on to their position for the price target of Rs90-94

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