Hi jnj,
First of all, thanks to you for making a SUPERB call on Jai Corporation. I think all the people who took your call and entered Jai are admiring you!!! Good luck to all those passengers on this Jai Express!!.
I am one of those who have been reading this MMB since last one week and I too want to buy Jai shares, but since the volume is less and it gets locked, there is no way I can buy now.
However I would need help in the following things,
1. When do you think people like me can buy Jai, is there going to be some retracement for Jai? If yes, when do you expect that?
2. Atlanta made lot of noise earlier, but now it is trading with high volumes but at a lower price. What could be the reason? Whats the reasonable target for Atlanta by Dec 07.
3. Do you know of any scrips that are going Jai's way or about to go in that way (so that people reading this thread can be benefitted)
Thanks in advance (waiting for your reply)
First of all, thanks to you for making a SUPERB call on Jai Corporation. I think all the people who took your call and entered Jai are admiring you!!! Good luck to all those passengers on this Jai Express!!.
I am one of those who have been reading this MMB since last one week and I too want to buy Jai shares, but since the volume is less and it gets locked, there is no way I can buy now.
However I would need help in the following things,
1. When do you think people like me can buy Jai, is there going to be some retracement for Jai? If yes, when do you expect that?
2. Atlanta made lot of noise earlier, but now it is trading with high volumes but at a lower price. What could be the reason? Whats the reasonable target for Atlanta by Dec 07.
3. Do you know of any scrips that are going Jai's way or about to go in that way (so that people reading this thread can be benefitted)
Thanks in advance (waiting for your reply)
Hello Praveen,
Yes you can buy into the stock till 5000 levels, just wait for a big correction in market. I was seeing a retracement at around 1200 levels but it never happened. If I see a future retracement I will try to inform in advance
I dont actually follow Atlanta so I would not be able to comment on it. The picture of Atlanta is a little hazy, let it become more clear then take a call.
Regarding any other scrips, The ones I know are only speculative in nature and not fundametally strong so huge risk is there, but there are a couple of them which are fundamentally sound and could suprise all like EIH (CMP 100 TGT 500 Dec07), Financial Technologies (TGT not clear now). I will try to post actual scenario in these two when I get the complete clear picture.
The speculative ones are (remember these are very very risky, can erode your capital also) Pentium Merc (CMP 1.54 TGT 3+ JAN end TGT2 10 JUN 07)
OK Play (CMP 120 TGT 600 MAY 07), Venlon (CMP 8 TGT 165 DEC), Apple Finance (CMP 4 TGT 12 APR 07). Do through research in these stocks before taking a call in any of them, I again warn you Targets may be very attractive but these are very very risky.
Regards
jnj