Gandhar oil can gain momentum after forming bottom.

Gandhar Oil Refinery (India) Limited manufactures Oils, Lubricants and greases of various kinds.

Gandhar Oil Refinery (India) Limited CMP 214.34. The positive aspects of the company are Company with Low Debt and Zero promoter pledge. The Negative aspects of the company are FIIs are decreasing stake, MFs are decreasing stake and Declining annual net profit Declining cash from operations annual.

Entry can be taken after closing above 218. Targets in the stock will be 237, 251, 274 and 287. The long-term target in the stock will be 304, 320 and 343. Stop loss in the stock should be maintained at Closing below 181.

The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
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