Jai Corporation

Status
Not open for further replies.

jnj333

Active Member
#1
I have been following this stock for a month now. Got a clue at 300 levels for its rise.Watched till 700 levels then I entered this stock. Now it has run till 1800 in 20 days.1 year Target is been predicted to be in 5 digits. This seems to be going Unitech's Way. Volumes are not encouraging but promoters seems to holding more than 80% and they are slowly accumulating.

Highly Risky stock but those of you who can afford they can try to enter. Upside potential outways the downside.Buy!!

Jnj
 

jnj333

Active Member
#3
Jai Corp is owned by Anand Jain who is a close associate of Mukesh Ambani. It is a buzz that the Reliance Retail funding may be done by this company.
 
#5
its very difficult to say abt jai corporation and no one can predict 100% what is going to happen.
but we know how the stock has reacted for the must 2 months.
from 350 its 1800.i am sure that who ever is holding the stock is not lossing money as it is all time high..it may go upto 5000-10000 in next couple of months.so my advise would be if u want to enter in the stock dont enter blindly try to buy this stock in small quantity.because more number of shares more the risk less shares less risk thats how it is.
best of luck i hope jai corporation does well.
 

jnj333

Active Member
#6
Yes there can be retracement period also when the stock falls with lower circuit just to scare small investors away and make them sell their holding. If one is buying now a good strategy can be to sell 10-15% holdings with every 20-25% rise so ones capital becomes safe after some time then one can easily ride the stock. This is a speculation stock. Take your call. Only High Risk takers are advised to Buy.
 

jnj333

Active Member
#8
hollo jnj333
at the level of Rs.1784.70 Dt;18/12/06 enter/new position is advisable?
It is a very risky stock as I have said earlier.It is going up on speculation so It can go down also, However Mar 2007 targets are seen to be around 5000 and Dec07 to be 15000. so the upside seems to be huge if everything goes as it is been believed to go like all the Reliance retail infrastructure funding is routed through this company, if not things can change.
You need to monitor this company very closly, certainly I will try to post as much information I can gather (not much is available as it is been kept as a very quarded secret, something is cooking, definetely)on this stock on this board regularly. I have increased my holding at 1784 levels so if you can take the Risk Like 'eroding your capital or Gains Unlimited' then you certainly can enter. It would be good idea to invest only 10-20% of your total capital in this and rest in different more safe stocks. You could increase your exposure in this stock as the picture becomes more clear.

Regards
Jnj
 
#9
Stock like Jai corporation one can gather it after crash..As sensex & nifty may make a double top So we need to be careful...

As far as buying is concern I heard a new strategy that is..
Whatever quantity he wants to buy he can buy 30% of it.
Once the stock move 30% he can add more 30 % in it & so on.
But if the stock come down more than 30% he should sold 100%.
I think this is good buying style as far as Jai Corp & gradual investing is concern.:)

Regards,
Milind
 
Status
Not open for further replies.

Similar threads