Jaypee Infratech CMP Rs.25 on 28.4.2014 (Invest for 1-2Years)
SUPPORT:-23.15 / 21.70 / 21.55 / 20 / 17.60.
RESISTANCE:-28.60 / 36 / 43.65 / 45.50 / 51.40.
The stock looks reasonably good fundamentally and technically both . I feel that the stock has bottomed out between 17-19.Therefore I recommend investment in the stock in a staggered manner.For investor the genuine stop loss would be below 21.55 but be alert if it breaks 23.15 and if it closes below 21 then get out of the stock,to re enter again near 17.60 or when it crosses 23.35 again because stock has potential to give 50-75% return or may be more in 12-15 months .
REMARKS:-Invest at least 25-35% of the marked fund for the stock at current price and then put in rest of the fund in a phased manner.Kindly use support and resistance level for exit and target points
SUPPORT:-23.15 / 21.70 / 21.55 / 20 / 17.60.
RESISTANCE:-28.60 / 36 / 43.65 / 45.50 / 51.40.
The stock looks reasonably good fundamentally and technically both . I feel that the stock has bottomed out between 17-19.Therefore I recommend investment in the stock in a staggered manner.For investor the genuine stop loss would be below 21.55 but be alert if it breaks 23.15 and if it closes below 21 then get out of the stock,to re enter again near 17.60 or when it crosses 23.35 again because stock has potential to give 50-75% return or may be more in 12-15 months .
REMARKS:-Invest at least 25-35% of the marked fund for the stock at current price and then put in rest of the fund in a phased manner.Kindly use support and resistance level for exit and target points
NOTE:-1.PRICE STATED HERE IS OF
SPOT MARKET.
2.RECOMMENDATIONS
ARE VALID TILL THE STOP LOSS IS TRIGGERED.
3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES
FOR MAXIMUM GAIN AND CAPITAL PROTECTION.
Contact me for strategic guidance to enter and
exit the trade
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