Jaiprakash Associates

JP Associates can test Rs 140-150: Baliga

Posted by : MMB Messenger

Ambareesh Baliga of Karvy Stock Broking is of the view that Jaiprakash Associates can test Rs 140-150.

Jaiprakash Asso continues to slide

Posted by : emkay_stocks

Dear Sriman35,
I am stopping to write posts on MMB from today. I have posted my good bye message in GREMACH and thats it. I had enough of it.

Now coming to your query, HDIL is a terrific stock in REAL ESTATE space. The best currently according to me. But it may test your patience.

You need to be bullish on INFRA/ENGG space rather than on pure construction players.

Forget about DLF. It was listed only to make KP singh family richer and nothing else. The high made on DLF in the last bull run will take many years to surpass as per me. The highest target i can think of DLF in the next 10 years will be 2000-2500. So at the best the stock can appreciate by 6 times in 10 years.

But if you are in stocks like ALSTOM PROJECTS, BGR ENERGY, SUNIL HITECH, PUNJ LLOYD, ELECON, PATEL ENGINEERING etc i wont be surprised if they appreciate by 10-15 times. Buy a mixture of them.

Dont miss PUNJ LLOYD at all between 225-240 and keep on averaging on the decline. In worst markets scenario buy PUNJ between 150-180 if at all it gets there. Invest as much amount which you wont need to touch in next 10 years or so. It could be 50K or 1 lakh or whatever. Just buy PUNJ between 150-180 in large quantities and just stay away from market and dont touch some quantity of shares till it reaches 2500(it will be achieved in max. 10 years). Then you can sell again most of the shares of PUNJ and hold just few shares because I expect in the next 10 years PUNJ will become a blue chip stock.

Buy JPASS in the range of 110-55 and get average price of 75-85 and just dont touch the stock for 3 years or so and it will be a multibagger for sure. But sell at 150 and take capital out. You need to do this because we dont know of any untoward incidents like global terrorism wars etc and market may just collapse. Hence always book profits in any 50-75% rise in stock prices irrespective of how strong the stock is.

Then only time you dont have to use this strategy is when you are a serious long term investor like RAKESH JHUNJHUNWALA who holds the stocks irrespective of the market trends till the goal reaches.

All the best dear.

Jaiprakash Associates among major gainers

Posted by : jainab31

yes i agree for you this share go at 140-150 before festival dashara

J P Asso is going to touch 100.00

Posted by : Guest

I have heard from my friends in north east that JP is going to win 12000 cr domestic orders in coming few days. If that happen this stock would just sky rocket.

Jaiprakash Associates among major gainers

Posted by : vkk43

Share should find some support at current level.

Jaiprakash Associates among major gainers

Posted by : MMB Messenger

Jaiprakash Associates is among major gainers on the Sensex. At 11:19 am the share was quoting at Rs 116, up Rs 4.90, or 4.41%. It has touched an intraday high of Rs 116.80 and an intraday low of Rs 112. It was trading with volumes of 2,713,544 shares. Yesterday the share closed up 4.12% or Rs 4.40 at Rs 111.10.