CALL UPDATE AND BUY CALL: JB Chemicals, a mid cap blue chip

Yesterday, JB CHEMICALS touched 130 and almost met my 6 month target of 133 in 1 month (call given at 106). Then it dipped to 122. One can add more on dips to 120; even fresh buys can be made. TARGET of 147 in 2-3 months.

On Thu, Sep 23, 2010 at 8:10 AM, POWERFULPICKS POWERFULPICKS <powerfulpicks@gmail.com> wrote:

powerfulpicks medium term call: JB Chemicals and Pharmacauticals (NSE: JBCHEPHARM) is a midcap blue chip with a very clean and healthy balance sheet and low P/E and with robust FY11 topline forecasts, is poised to scale back to its all time high by April 2011.

 

Buy at 106 or below (using our proven strategy of progressive on-dip buying) for a target of 133 in 6 months (+25%)