DELIVERY PICK - JSL.

BUY JSL - (formerly Jindal Stainless Steel Ltd.)
for delivery for short term. 4th Qtr Result are
very good. The co. has also shown very positive
result on yearly basis. The Co. will soon
annouce the dividend more than 100% as per
past trend.

In Current Qtr. June 2010, the co. will show at least
EPS of Rs.8-9 due to using the technology effectively
and around 12% price fall in iron ore, the Basic Raw
Material of the co.
***

Technically Buy above Rs.100.25 with stoploss
Rs.97/- for Target of Rs.120 and 130 respectively.
Presently 50 WEEK SMA is 99.94 which is in UPTREND
and it is very good sign for investment.
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HAPPY TRADING.