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Tuesday, February 19, 2013

Jai Prakash Associates Ltd: Explosive Chart
I have seen most of the analysts have turned bullish on the infrastructure stocks, as the government is expected to give a thrust in this space in the next Union Budget. I am expecting it touch Rs.83-84 by that time. Earlier a number of brokerage houses have recommended the scrip for good targets going forward. 
The Cement Companies have hiked cement prices across the country, barring few in southern territories, by Rs.10-15 per 50 kg bag this week---this augurs well for the scrip of Jai Prakash Associates Ltd.
Note: This Chart based report was sent to the Paid Groups, today morning, i.e. on 19th February, 2013.