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J P Associates - INVEST

March 28th, 2008

CMP: Rs. 230
Buy Jaiprakash Associates at the current market price of Rs. 230 with the stop loss of Rs. 200 for the targets of Rs. 270 and Rs. 315. The stock has completed corrective on channel supports and is gaining upside momentum.
The stock has recovered from its low of 190 and has been showing lot of strength  This stock also has been added to the index, which  should get some buying from index mutual funds.

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