Chartically, speaking the Golden Cross-over has already taken place. Most of the other Chartical Parameters are in Buy mode.
The current market price of Rs.130-131, provides an excellent opportunity for investors to buy the scrip and hold. The short term targets for the scrip is Rs.140--145, while the medium term targets could be Rs.155-170. In the long term, the scrip could touch Rs.210-225. Therefore, a strong buying is recommended in the counter, especially in the view of RBI cutting Repo rates from January, 2013.