GICRE
closes at ₹ 764.75 with a Gain of +1.5 %
on 01- Jan -2018 with formation of
a Bullish Engulfing on Daily Price Chart. Technically
, GICRE has entering
into a Long Term Bullish Trend. Major Momentum Indicators are
showing Strength on Daily Price Chart. Our NNI index has also turned
Positive.Currently the Stock is
Trading at a Discount of ~ 15 % .
About
the Company – General Insurance ( https://www.gicofindia.com/en/ )
Financials : https://pkamc-my.sharepoint.com/personal/niftynext_myoffice365_site/_layouts/15/guestaccess.aspx?docid=0accf3d8cc654477cbd12f06f97c6d878&authkey=AU6VsfafFqXD-dANQ-5SF3E&e=6e4aa162ff1b40f68cc9646f30b6fec5
We may BUY /
Accumulate GICRE at CMP
Super
Investor ( If any ) : Yes / No ( Name- Subramanian
P)
Mutual Funds
House Invested: Yes / No (
Number of MF invested – 1 )
Mutual Funds holding : 0.11 %
FII/FPI holding : 0 %
Rating Agencies View on the Sector: Positive
Trend of
the Sector – Positive
Latest News : Null
Target: ₹ 850-900
Stop
Loss : ₹
750
Time
Frame : 10 Days-2 Months
2. https://chat.whatsapp.com/DZKa9EpkyTF5bpvGwNvzeK ( Premium )