Jai Corporation

[manish_sat]

Hi orangestone.blogspot.com has given restriction now....
How can I request blog author for reading permission.

 

[mbhuma]

Jai Corporation (Rs 2,982.1): Trading in stocks such as Jai Corporation can be an exhilarating experience as they launch in to an Indian rope trick. But the thin volumes witnessed since November 2006 make it an extremely risky bet for lay investors. Exit routes disappear when such stocks start correcting.

This stock hit a high of Rs 4,081 in November 2006 and has been reacting since then. The short- term supports for this stock exist at Rs 2,957 and then Rs 2,655. If the stock consolidates in the range between Rs 2,650 and Rs 4,000 for a while, it will mean that the scrip could launch in to yet another gravity-defying act soon. However, no fresh buys should be made if the stock falls below Rs 2,655. Those holding this stock can do so with a stop at Rs 2,650.

Source:www.thehindubusinessline.com
http://www.thehindubusinessline.com/iw/2007/02/04/stories/2007020400391000.htm

 

[satsandh]

Thanks for that update from business line.

 

[yara]

Forget businessline update my dear Freind ! The day I posted my first msg on Jai Corp I gave a T of 2400 when it was hitting constant u.c,sorry to say that I was forced to do as I was seeing some people were drawing rosy pictures for this stock like there is no tomorrow.Those who want to try their luck n guts can NOW buy it between 2400-2500 range,stop loss cannot be work out in low volume stocks so act wisely,first decide your goal of how much you want to lose in this stock and then buy it.I am posting this because my target is very near now,will discuss later my Target price where one can book profit in it but that I post it later and not now.Obiously those who were speaking 15000 are now no more visible atleast in this thread,no problem time to go long with some stoplosses in your mind to beat operators.Good luck.
Editosting a chart,EOD.have a look on falling channel and see the last line which is at 2391 which was my T when this baby was at 4000!!! Not a black magic but chart magic!!

 

[jnj333]

Forget businessline update my dear Freind ! The day I posted my first msg on Jai Corp I gave a T of 2400 when it was hitting constant u.c,sorry to say that I was forced to do as I was seeing some people were drawing rosy pictures for this stock like there is no tomorrow.Those who want to try their luck n guts can NOW buy it between 2400-2500 range,stop loss cannot be work out in low volume stocks so act wisely,first decide your goal of how much you want to lose in this stock and then buy it.I am posting this because my target is very near now,will discuss later my Target price where one can book profit in it but that I post it later and not now.Obiously those who were speaking 15000 are now no more visible atleast in this thread,no problem time to go long with some stoplosses in your mind to beat operators.Good luck.
Editosting a chart,EOD.have a look on falling channel and see the last line which is at 2391 which was my T when this baby was at 4000!!! Not a black magic but chart magic!!

I am still here, no doubt you made a good call, good for all. I still say this is a high risk , high return stock and a long term play. The fundamentals seems strong and if there will be any change in that, I will inform accordingly. I made a call at 1800 levels in mid Dec and it raced till 4000, where were the charts when it was at 600 in Oct. Retracement was very much on the cards when the stock runs so hard so fast, profit booking takes place.I cannot comment on the charts as I am not into technicals.Still I appreciate your good work, Keep it up. Cummulative effort should be there for the benefit of all, we all need each other's help.

jnj

 

[manish_sat]

yara is bery true....he was continuously saying from day 1 that it will touch 2400...
But we did not believe him because we all are bound with our emotions and want to touch 15000 (as soon as possible) i am sorry but now i learnt that emotions does not work in stock market.

Thanks a lot yara

kepp doing good work

Regards
Manish

 

[yara]

Thanks and the basics are on dot.Lesson no.1-> I learnt to swim against the tide(very risky though but when all say buy buy,be cautious)no.2- > stick to the basics like jnj is doing,if you are sure-ignore the fools(like me)and wait for fruit to ripe fully !
Thx jnj and manish,btw I bought few j.c just now,T1 is just above 3000 and if this target comes shall post another feedback on this.

 

[billbond]

Dear Friends,

Buy jai Corp for a target of Rs.15000/- by June 2007

 

[billbond]

Dear Friends,

Jai Corp has investments in following future companies,

SKIL Infrastructure, Rewas Port, Urban Infrastructure Venture Capital Ltd, etc, etc..

Target Price is Rs.10000/- by April 2007....

 

[billbond]

Thanks and the basics are on dot.Lesson no.1-> I learnt to swim against the tide(very risky though but when all say buy buy,be cautious)no.2- > stick to the basics like jnj is doing,if you are sure-ignore the fools(like me)and wait for fruit to ripe fully !
Thx jnj and manish,btw I bought few j.c just now,T1 is just above 3000 and if this target comes shall post another feedback on this.

Hi Yera,

Excellent Research. Hope it will stop around Rs.2400/- before it makes another move.

Thanks.