These are one of the few stocks which could give you 20-30 % return in this downward market.
Buy Gateway Distriparks (CMP 205) Target 250
It is an integrated logistics facilitator whose primary business is to operate container freight stations. The company’s rail logistics segment includes transportation by rail, storage and handling of the containers.
Technicals
The company has been quite ranged bound for some time and has been correct a lot. It is in an oversold region and forming a bottom. One could you initiate a long position at 205 with SL of 190 for a target of 250.
List of mutual fund houses invested in this company
ICICI Direct has initiated a coverage with a target price of 252.
LIC has bought 450K shares at an average of 230.
Promoters are buying from the open market
