Buy and hold JP Associates from medium term view: Nirmal Bang

Nirmal Bang Securities has recommended investors to accumulate the shares of Jaiprakash Associates from a medium-term perspective.

MUMBAI: Nirmal Bang Securities has recommended investors to accumulate the shares of Jaiprakash Associates from a medium-term perspective.

"Buy and hold from a medium-term view. Strong support is seen at 126 levels, if the stock holds above 135, the near-term target could be 150," said the brokerage firm.

The company's shares were trading at Rs 134.10, up 1.09 per cent on the NSE.
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