GMR INFRA; STOCK TRACKER

CMP 28.15                            BSE 17503

• In an earlier Post dtd 14/1/2012, I had pointed towards 26 being a good support for the scrip.
• Ever since 11/1/2012, 26 closing basis has been violated only once ie on 27/2/2012 when the scrip closed at 25.9.
• My feel is that the 25-26 zone is a strong long term base for the scrip and is not likely to break decisively any time soon.
• Long term money wanting to play the IR cycle reversal can safely look to pick up the scrip at CMP and all dips and hold long term

SEE ALL EARLIER POSTS ON GMR INFRA RIGHT HERE