GVK POWER & INFRA; ALERT

          CMP 16.25             BSE 17173

• So finally the Stock has breached the critical 17.4 levels on a closing basis on the downside.
• This signals a short term down spiral which could take it down to 15.25 levels easily.
• In my opinion, long term money can start buying in on dips from CMP in a phased manner and hold for the long term.
• Perhaps this does not sound very convincing when the Scrip is bleeding, but that exactly is the time to step out and buy.