This is a operator/promoter (op) driven stock, I have yet to see it behave on technicals, Free floating stock very less with the public . And there were very few buyers even at 1700 levels . This moves on op's will, can take it anywhere. It can hit LC or UC with a volume of couple of thousand only. High Risk High Return Stock. Enter exit at your own risk , Can burn your shirt or buy you a merc. Holding since sub 1000 levels. First time in two years company has made some major announcements. Seen volatility from 600 to 4000 to 1500 to 7000. Never sold a single share. Could be the next Unitech or bigger. Checkout my Thread on Jai for more.
My view , Take your own call.
jnj