Gulf Oil Corporation, a Hinduja group company, which is sitting on a land bank of 2,000 acres across the country, expects property development to emerge as a major vertical from this year and should become visible in the fourth quarter of this financial year.The company is also developing about 40 acres in Bangalore, including 10 acre commercial zone and an IT and ITeS SEZ spread over 30 acres.
this is very good script for investment. risky for day trading. however, i do not see any chance that price will go down 103 level rather i expect anytime a momentum buy and which will take the price to 118-122 level. downward trend is very limited whweras long term apprecaition is quite possible and same shall be substaintial. happy investment.
| NIFTY 
