JMC project-Rs.150/- the above chart is a weekly chart. the stock moved above  200 week EMA in Third week of may and from then onwards consolidating there only that too above 200 week EMA which is a clear sign of strength in the stock. once the stock move above the consolidation range it becomes a buy with stop loss at the low of the consolidation range. Fundamentally also the company is performing well, it has a TTM EPS of around 8.Technically a good buy with stop loss at the low of the consolidation.

May all be peaceful and happy

M.Mahiidar

Enjoying Life

Trend is Friend.