Call Update: JB Chemicals

JB Chemicals touched 118.5 today, up nearly 12% after my call 19 days ago. Hold without fear for it to meet its target

On Thu, Sep 23, 2010 at 8:10 AM, 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%)