JSL buy call - Range (108-113) - Stop Loss - 106.90 - Fundmental call - 10-30 % upmove potential in 3 Months

Looking at the current market position, it's difficult to find a fundamental stock with the expectation of 10-30 % upmove. Currently, JSL is trading around 109 and looking at the technical chart, I expect the stock to give a good return of 10-30 percent in 90 days period. While calculated down risk is limited, upmove looks pretty lucrative.

Why one should buy the scrip:

1. Current Stock P/E: 20.30 - Looking good
2. Volume is stable from last 1 month. - sign of consolidation
3. Price is trading in the range of 108-120 in the last 1-2 months - not much volatility

Disclaimer:  This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, information, charts or examples contained in the lessons, are for informational and educational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. The author is invested in JSL at the price of 77.75.