Technical view by Nooresh

Jaiprakash Associates – Major long term channel breakout gives a target of 120.

Jaiprakash Associates


This is a little older chart of Jaiprakash Associates sent in a special report to clients with other stocks which have given long term breakouts. Disclosure: Recommended at 93/88 to accumulate strongly with a target of 110-120 for short to medium term.


Finally the stock has broken out above 96 levels. We may now look to book partial at 100-105 and any dips to 94-96 would now be a positional buy zone.


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Article by Nooresh Merani

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