Report for July 16th

Thursday, July 15, 2010

Great Offshore is indias largest Shipping Transportation company & the Hot News from our Source is that the Net Profits & Sales are going to double this june Quater

The only -ve news for this stock is The BDI (Baltic dry index ) is Falling ever day and now at a 14month low.

& the 2nd Hot news is that CRISIL has revised its Rating outlook for Great-offshore from negative to " A category " this can attract a lot of Funds to pump in the money as BDI is also Oversold .!

TRIGGER 1 : Outstanding Results to be announced soon

TRIGGER 2 : CRISIL RATING

OUR TARGET for this stock is 490 + & if BDI recovers from current levels GT can move all the way to 600 + within this year .

As a trading Call 2mro july 16th you can Buy @ open above 446-446.5 Levels with sl 442 for 490 target .

Good luck

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