JP ASSOCIATES ; STOCK TRACKER

        CMP 74.5                 BSE 17145

• In the earlier Post dtd 28/2/2012 I had indicated that the levels to watch below 72 is 66 closing basis.
• Good to see that today after touching intraday low at 67.2, the Scrip closed near the highs of the day at 74.5, up 7%. On 6/3/2012 the Scrip touched a low of 66.15 intraday but closed at 69.6.
• I again reiterate that as long as 66 holds closing basis, the Scrip is in a strong uptrend and all meaningful dips should be bought into, by investors as well as positional players.
• The Scrip, in my opinion needs to be a part of every long term Portfolio.

EARLIER POSTS ON JP ASSOCIATES SEE HERE