8.5% Up: JP Associate

JP Associate may turn out to be highest (%) gain  of month in derivative segment

However we repeat that this is just the trailer.

BOOK VALUE 60

*Stock still trading at 5% of lifetime High*

JP Associate WILL rise ( like Phoenix) from ashes, will prove doomsayers wrong

*JP Associate can be profitable as early as Q2*

Stock may surpass our initial TP 21 July expiry

Big daily delivery volumes ( in crores) indicates that BIG ultra HNI buying going on.

CAN BE Rs 23-25 in July