JMC projects:152/-

JMC projects has moved above 200 Week EMA and has been consolidating above it for last 10 weeks which is a very positive indication for the stock. the margin of safety is very high near 200 week EMA. So a good buy technically. fundamentally also for last year it has performed very well its EPS has increased from around Rs.3 in Fy-13 to Rs.9 in FY-14 so the fundamentals have been improving and we can expect the stock to move up from current levels if there is further improvement in the financials.

M.Mahiidar

Trend is Friend

Enjoying Life