GVK Power & Infrastructure Ltd GVKPIL target 15 and 17 - crossing 20 not possible

GVK Power & Infrastructure Ltd GVKPIL stock which started rising from the Rs 9.6 levels is now at Rs 13.45 and i think Rs 14.25 would be a resistance, if the stock breaks that level on weekly closing basis then the stock might go to the levels of Rs 17 - 18 . Crossing Rs 20 is not possible, atleast in the first half of 2012.

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News about GVK Power and infrastructure Limited

The company to raise $1 Billion Loan and the company MD GV Krishna Reddy hired Canara Bank, Bank of India, Bank of Baroda and ICICI Bank ltd to arrange the 10-year facility.

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Sharmila Joshi, FairWealth Securities advised to exit the stock at rs 23 - 24

Stock market experts like Sharmila Joshi of FairWealth Securities advised to exit the stock at rs 23 - 24

http://www.moneycontrol.com/news/stocks-views/exit-gvk-power-around-rs-23-24-says-sharmila-joshi_646181.html

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