GMDC has target of Rs 155: Mitesh Thacker, Technical Analyst

Under: GMDC Buy call, Buzzing Stock, GMDC stock prices, GMDC stock advice, Recommendation, GMDC Recommended price, GMDC Target, GMDC Target Price

Gujarat Mineral Development Corporation (GMDC) has target of Rs 155, says Mitesh Thacker, Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "GMDC has been consolidating in the narrow range of around Rs 143-144 on the upside and Rs 134 on the downside. Yesterday, we saw very good price action; 6% up with good jump in volumes.”

He further added, “I think Rs 155 would be good short-term target for traders and the recommended stoploss would be around Rs 139."