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Thursday, November 28, 2013

Short term investment



JAICORPLTD

The CMP is 62 Rs. This is a stock with a strong trend and has an ability to reach higher levels in a few weeks. Any dip should be bought into. We can very well set the targets of 85 Rs. and 115 Rs. While setting these
high targets, we should not forget the volatile nature of the market as well as the rally, we have witnessed recently. So while taking the investment decision we must take into account the unknown and set a Stop Loss on weekly basis.  This means that in no circumstances we will stay invested in this stock if it closes below 40 Rs. on any Friday ( weekly close ).


 Happy investing


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