Monday, June 14, 2010

Jaiprakash Associates buy if above 124/-

JP Associates is a fundamental pick at cmp of 123/- you can buy the stock with a target of 165 in medium term.
For all the short term players buy jp associates if trades above 124. for short term gain. The stock is likely to break out soon. the stock is trading above it's 10 day moving average and macd also gives a buy.
all short term players trade with strict stop losses !
Happy trading guys.






Disclaimer:Think twice before you invest your hard earned money in stock market.understand the risks involved and take your decision!

2 comments:

Binu said...

As expected the stock has broke out and is trading around 128 level now. People with a 2 months time frame can hold for a target of around 165/-
Happy Investing Guys !

Binu said...

The stock is trading at 134 levels now. Have a good ride !