Stock Tip - 23-Dec-2012

Hello All,

After some analysis, my understanding of the market says, we can do bottom fishing.
So, based on that, below is my first tip.
I'm planning to hold the below stock for at least 3 to 6 months.

NOTE: The technical analysis is based on weekly charts

STOCK	JAICORPLTD (Jai Corp)
LONG/SHORT	Long			QUANTITY	100 [or As permissible by your money management rules]
ENTRY PRICE	74	ISL	60	TARGET	100,120,140
TECHNICAL REASON	·          Prices in range ·          Prices near pivot ·          Prices moving up on high volume ·          ADX showing bull power			FUNDAMENTAL REASON	EPS	MAR 12	MAR 11	MAR 10
						5.54	5.16	3.42
					DEBT EQUITY RATIO	MAR 12
						0.01
					CASH RESERVE	MAR 12
						4.85 Cr.

I'll try to post some more if I can find one :P
Happy Trading..... :)

Maddy